Transaction files:
A) are large files, containing all main information about an entity.
B) are used to update master files and produce reports.
C) cannot contain several record types.
D) are always stored using indexed-sequential organization.

Question

Quizplus · Accepted Answer

Transaction files are used to update master files and produce reports. While they may contain information about an entity, they are not necessarily large files and can contain multiple record types. They can be stored using different organizations, including sequential and indexed-sequential.

Transaction Files