In a Computer-Based Transaction System Which of the Following Serves

question 47

Multiple Choice

In a computer-based transaction system which of the following serves as the journal?

• A)Master file
• B)Transaction file
• C)Accumulation file
• D)Data file

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Definitions:

Negligently

The failure to take reasonable care to avoid causing injury or loss to another person, resulting from the lack of attention or due diligence.

Liability

A legal obligation or responsibility to make restitution or compensation for harm or damage caused to another party.

Restatement Second Torts

A legal document summarizing the common law of torts in the United States, aimed at clarifying, modernizing, and otherwise improving the law.

Licensee

A licensee is an individual or entity that has been granted the right by a licensor to engage in certain activities or use certain property that belongs to the licensor.