What File in a Computerized Accounting System Corresponds to a Sub-Ledger

question 85

Multiple Choice

What file in a computerized accounting system corresponds to a sub-ledger (such as accounts receivable) in a paper-based system?

• A) Transaction file.
• B) Master file.
• C) Open file.
• D) Reference file.

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Definitions:

Production Function

A mathematical expression that describes the relationship between input factors and the output of goods or services.

Returns To Scale

The change in output of a production process as all inputs are increased proportionally.

Marginal Product

The additional output that is produced by using one more unit of a particular input, holding the levels of all other inputs constant.

Production Function

An economic model that describes the relationship between input resources and the output of goods or services for a business or economy.