The Computer File That Holds Transactions That Have Not Been

question 78

Multiple Choice

The computer file that holds transactions that have not been processed because they have been rejected by computer application controls is the:

• A) open purchase order file.
• B) approved vendor master file.
• C) suspense file.
• D) accounts payable master file.
• E) purchase transactions file.

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Definitions:

Opportunity Cost

Overlooking potential gains available from different alternatives by settling on one choice.

Muffin

A small, baked good often sweetened and sometimes containing fruits, nuts, or chocolate, typically enjoyed as a snack or quick breakfast.

Absolute Advantage

The ability of a country, individual, company or region to produce a good or service at a lower cost per unit than the cost at which any other entity produces that good or service.

Radios

Electronic devices for receiving radio waves and converting them into sound or other signals.