If the Transaction File Key Is 20 with a Delete

question 10

Multiple Choice

If the transaction file key is 20 with a delete code and the master file key is 20, then we _______.

• A) add the transaction to the new master file
• B) revise the contents of the old master file
• C) delete the data
• D) write the old master file record to the new master file

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Definitions:

Segment Expenses

Costs that are directly associated with specific divisions or operational segments of a company.

Profit

The financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes associated with the activity.

Loss

An accounting term that represents the excess of expenses over revenues in a specific period, leading to a decrease in equity.

Disaggregation

Disaggregation involves breaking down financial information or data into smaller, more detailed components, often for analytical purposes.