The Computer-Generated File Which Records Acquisitions, Disbursements and Allowances for Each

question 63

Multiple Choice

The computer-generated file which records acquisitions, disbursements and allowances for each vendor is the

• A) accounts payable master file.
• B) cash disbursements file.
• C) acquisitions transaction file.
• D) purchase approval file.

---

Definitions:

P/E

Price-to-Earnings Ratio, a valuation metric used to measure a company's current share price relative to its per-share earnings.

Closing Price

The final price at which a security is traded on a given trading day.

Net Change

The difference in value or quantity of a financial instrument or index from the previous trading day's close to the current day's close.

Zero Growth Stock

A stock from a company which is expected to see no growth in dividends or earnings, typically offering high initial dividend yields.