Systems That Use a Sequential Master Files Employ a Backup

question 136

Multiple Choice

Systems that use a sequential master files employ a backup technique called

• A) Batch check
• B) Destructive update
• C) Grandfather-father-son
• D) Master file backup
• E) None of the above

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Definitions:

Market Value

The contemporary rate at which a marketplace allows the purchase or sale of an asset or service.

Paid-In Capital

Funds received from investors in exchange for common or preferred stock.

Dividend Preference

A feature of preferred shares granting holders the right to receive dividends before common shareholders in the event of a dividend distribution.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often with dividends that are paid out before those of common shareholders.