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

Question

Quizplus · Accepted Answer

A reference file is used as a standard when processing transactions. It contains data that is referred to frequently during processing, such as customer or product information. Master files contain permanent data about entities such as customers or employees, transaction files contain information about individual transactions, and archive files are used for long-term storage of outdated data.

A File That Stores Data Used as a Standard When