Assume That the Customer Master File and the Transaction File $\begin{array} { l l } \text { Master file } & 3,7,23,76,79,99 \\\text { Transaction file } & 3,4,23,23,7,76,99\end{array}$

question 110

Essay

Assume that the customer master file and the transaction file consist of the record numbers shown in the following sequence:
$\begin{array} { l l } \text { Master file } & 3,7,23,76,79,99 \\\text { Transaction file } & 3,4,23,23,7,76,99\end{array}$
The record number 99 denotes the logical end of the file.The program processes records in ascending order.
Required: On the lines below,indicate the numbers of records affected as described.
a.Master records which were updated ________
b.Master records which were not updated ________
c.Transaction records which were posted ________
d.Transaction records which were not posted (an error condition)________

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Definitions:

General Level

A term that might refer to the overall state or condition of something, but not a specific financial term.

Prices For Goods

The amount of money required to purchase products, which can fluctuate based on factors like supply, demand, and inflation.

Interest Rates

The amount charged by a lender to a borrower for the use of assets, usually expressed as a percentage of the principal.

Investment Expenditures

The outlays made by firms, government, or individuals to purchase goods and services that can create future benefits.