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A Data ____, Which Is a Framework for Organizing and Storing

question 15

Multiple Choice

A data ____, which is a framework for organizing and storing data, consists of one or more files or tables.


Definitions:

Subsidiary Ledger

A detailed ledger that contains the granular transaction details supporting a summary account in the general ledger.

Sales Journal

A specialized journal used to record all sales of merchandise on credit, organizing transactions systematically for accounting purposes.

Cash Receipts Journal

A financial journal that records all cash inflows to the business, including sales, loan proceeds, and investment income.

General Ledger

A complete record of all financial transactions over the life of a company, serving as the primary data source for the financial statements.

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