Accounting Software Traditionally Uses Two Different Types of Files

question 37

Multiple Choice

Accounting software traditionally uses two different types of files.The file type that is relatively permanent and used to maintain the detailed data for each major process is a(n) :

• A)General Ledger
• B)Master File
• C)Transaction File
• D)Subsidiary File

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Definitions:

Individualist Cultures

Cultures in which the self is regarded as autonomous, and individual goals and wishes are prized above duty and relations with others.

Personal Goals

Individual objectives, targets, or ambitions that a person aims to achieve or accomplish.

Obligation

A duty or commitment that an individual is bound to, either legally, morally, or emotionally.

Group Norms

Shared guidelines or rules of behavior that are accepted and followed by members of a group, influencing how they act and interact.