A File That Stores Data Used as a Standard When

question 8

Multiple Choice

A file that stores data used as a standard when processing transactions is

• A)a reference file
• B)a master file
• C)a transaction file
• D)an archive file

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Definitions:

Real Interest Rate

The rate of interest an investor, saver, or lender receives (or expects to receive) after allowing for inflation.

Capital Investment

The spending of money on resources intended to benefit a business in the long term, such as by acquiring assets or improving infrastructure.

Inflationary Premium

The portion of interest rates or returns that compensates investors for the anticipated erosion of purchasing power due to inflation.

Money Rate

Often referring to the interest rates in financial markets; the cost of borrowing money.