The Master File in a Computer System Is Equivalent to Which

question 83

Multiple Choice

The master file in a computer system is equivalent to which one of the following manual system features?

• A) Subsidiary ledger
• B) Journal
• C) Register
• D) Log

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Definitions:

Poison Pills

A defensive strategy used by companies to deter hostile takeovers by making the company less attractive to potential acquirers.

Discount Rate

The interest rate charged to commercial banks and other depository institutions by a central bank for loans, used as a tool for regulating monetary policy.

Cost of Capital

The minimum return a corporation must achieve on its investment activities to keep its market price stable and entice financing.

Cost of Equity

The return that shareholders require or expect to earn on their investment in a company’s equity.