Which of the following defines a reference file in a computerized system?
A) A file that stores data used repeatedly for processing transactions (e.g., payroll tax table)
B) A file that stores data on pending items such as sales orders
C) A file that stores detailed information about general ledger control accounts
D) A file that stores daily transaction data such as sales transactions

Question

Quizplus · Accepted Answer

A reference file in a computerized system is a file that stores data used repeatedly for processing transactions. This data could include, for example, payroll tax tables, product pricing information, or employee information. These files often support the operations of the system and are considered integral to the efficiency of business processes. Option B is incorrect because a file that stores data on pending items such as sales orders is a transaction file. Option C is incorrect because a detailed information about general ledger control accounts is an account master file. Option D is incorrect because a file that stores daily transaction data such as sales transactions is a transaction file.

Which of the Following Defines a Reference File in a Computerized