Multiple Choice
Which of the following statements is not correct?
A) The sales transaction file is used to update the customer master file.
B) The open customer invoice file holds data about incomplete transactions.
C) The customer master file is used to update the open customer invoice file.
D) The sales transaction file captures detailed sales transaction data in chronological order.
Correct Answer:

Verified
Correct Answer:
Verified
Q34: Which of the following statements about the
Q35: All transaction data are classified by the
Q36: What is one of the most common
Q37: A new account is added to the
Q38: What are information formats called?<br>A) Paper reports<br>B)
Q40: The income statement and the balance sheet
Q41: One of the subsystems of the purchasing
Q42: Which of the following is necessary for
Q43: File maintenance is a routine process that
Q44: A transaction's final resting place ordinarily is