Which of the Following Statements About Particular Data Files Is

question 72

Multiple Choice

Which of the following statements about particular data files is correct?

• A) Transaction files correspond to paper ledgers in paper-based accounting systems.
• B) Master files correspond to the paper journals in paper-based accounting systems.
• C) Transaction files are a hybrid of master files and open files.
• D) The general ledger master file stores the account balances reported on the financial statements.

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Definitions:

Cyber Loafing

The act of using the internet for non-work related activities during work hours, which can decrease productivity.

High Morale

The feeling of enthusiasm and persistence among a group or an individual, often in a work, military, or team setting.

Organizational Commitment

The degree to which employees believe in and accept organizational goals and desire to remain with the organization.

Hierarchical Levels

The layers of authority in an organization, structured from highest to lowest, determining the line of command and communication.