Which Generic Element of the AIS Is Focused on Master

question 63

Multiple Choice

Which generic element of the AIS is focused on master files, transaction files and junction files?

• A)Inputs
• B)Processes
• C)Outputs
• D)Storage

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Definitions:

Tenants By The Entirety

A form of joint property ownership reserved for married couples, where each owns the entire property and upon one's death, the other becomes the sole owner.

Inheritance Interest

The stake or claim that an individual has in the property or estate of a deceased person.

Claim

A demand for something as due or owed, typically a request for money, property, or rights from a party believed to be liable.

Form Of Ownership

The legal structure that defines the ownership of a firm or asset, such as sole proprietorship, partnership, or corporation.