Which of the following methods can be used to create a transaction file?
A) Keying in or scanning data found on source documents
B) Transmitting data electronically
C) Extracting data from master files or open files
D) All of the above can be used.

Question

Quizplus · Accepted Answer

All of the above methods can be used to create a transaction file. Keying in or scanning data found on source documents is a common method used when the organization receives physical documents that need to be processed. Transmitting data electronically is used when the data is received electronically from outside sources. Extracting data from master files or open files is used when new transactions need to be created based on the existing data.

Which of the Following Methods Can Be Used to Create