Phil Has Reviewed the File and Found That Each Record

question 38

Short Answer

Phil has reviewed the file and found that each record is on a separate line and the fields are separated by commas. What type of file does Phil have?

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Definitions:

Merchandise Sold

The total value of goods that have been sold by a company during a specific period, often reported on the income statement.

Sales Tax Department

The government department or agency responsible for collecting, administering, and enforcing sales tax regulations and payments.

Sales Tax Percentage

The rate at which sales tax is applied to the purchase price of goods and services, expressed as a percentage.

Merchandise Sold

Goods that have been sold and transferred from the seller to the buyer; this term is often used in the retail and wholesale sectors.