Which Type of File Contains All the Attributes for an Entity

question 48

Multiple Choice

Which type of file contains all the attributes for an entity as well as a primary key and several secondary keys?

• A) a transaction file
• B) a relational file
• C) a master file
• D) a keyed index file

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Definitions:

Journalized

The process of recording financial transactions in a company's journal, denoting the first step in the accounting process.

Worksheet

A document or tool used by accountants to prepare financial statements and ensure that debits and credits are in balance, not typically part of the formal accounting records.

Net Loss

The amount by which expenses exceed revenues during a specific period, indicating a financial loss.

Income Statement Columns

The arrangement in the income statement that categorizes financial data, such as revenues, expenses, and net income, to convey a company's financial performance over a period.