Accounting Software Traditionally Uses Two Different Types of Files

question 74

Multiple Choice

Accounting software traditionally uses two different types of files.The file type that is the set of relatively temporary records that will be process to update the permanent file is referred to as a(n) :

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

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Definitions:

Unemployment Rate

The percentage of the labor population that is job-free but in active pursuit of employment.

Labor-Force Participation Rate

The portion of the working-age population that is engaged in or seeking employment, including both employed and unemployed individuals.

Unemployment Rate

The percentage of people in the labor pool who are without employment and are actively hunting for jobs.

Labor-Force Participation Rate

The percentage of the working-age population that is in the labor force, including both employed and unemployed individuals.