Which of the following statements is not correct?
A) The sales transaction file is used to update the customer master file.
B) The open customer invoice file holds data about incomplete transactions.
C) The customer master file is used to update the open customer invoice file.
D) The sales transaction file captures detailed sales transaction data in chronological order.

Question

Quizplus · Accepted Answer

The customer master file contains information about customers such as names, addresses, and credit limits. It is not used to update the open customer invoice file, which is a separate file that contains information about incomplete transactions. The sales transaction file captures detailed sales transaction data in chronological order, and the information in this file is used to update both the customer master file and the open customer invoice file.

Which of the Following Statements Is Not Correct