In a Computerized Environment,a List of Authorized Suppliers Would Be

question 69

Multiple Choice

In a computerized environment,a list of authorized suppliers would be found in the

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

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Definitions:

Net Income

The amount of money that remains after all operating expenses, taxes, and interest have been deducted from total revenue; also referred to as net profit.

Net Cash

The amount of cash available after accounting for cash inflows and outflows over a period.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.

Accounts Receivable

Amounts owed to a company by customers for goods or services that have been delivered or used but not yet paid for.