In one sentence, what does updating a master file record involve?
Question:
In one sentence, what does updating a master file record involve?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (11 reviews)
Master file is a type of permanent file which contains permanent data such as account related data ...View the full answer
Answered By
ARIF MEHRAJ
I have been in teaching profession since last decade. I love to teach students and help them solving their education related problems.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Indicate in one sentence what the following parity relation says: a. Purchasing power parity relation b. International Fisher effect c. Interest-rate parity relation d. The relation between forward...
-
What is payroll master file maintenance?
-
What is master data management? What does it have to do with high-quality data?
-
Private carriage is more important in the motor carrier segment of our transportation industry than any of the other four major modal segments. What factors have contributed to private carriage...
-
Out of a sample of n = 625 students interviewed, 139 had missed at least one class last week. Obtain a 95% confidence interval for p = proportion of all students that missed at least one class last...
-
Kick and Swing Inc. is a wholesaler of sporting goods equipment for retailers in a local metropolitan area. The company buys sporting goods equipment direct from manufacturers and then resells them...
-
Shadow Begone purchases and installs sky lights. The entitys estimated sales and expenses for the first 4 months of 2025 are below. Required (a) Prepare a monthly schedule of expected cash receipts...
-
Big Co. acquired 1,000 shares of voting stock in Little Co. for $100,000 cash. Little Co. currently has 10,000 shares of voting stock issued and outstanding. Little Co.'s shares are trading at $115...
-
Assuming a 12% annual interest rate, determine the present value of a five-period annual annuity of $6.200 under each of the following situations: Note: Use tables, Excel, or a financial calculator....
-
Paul Poti, is the sole proprietor of Poti Enterprises, a small retail shop selling widgets located in Edmonton, AB. The shop has been in operation for several years. Paul provides you with the...
-
What are the two data processing approaches used in modern systems?
-
Explain the technique known as destructive update.
-
The following three ratios have been computed using the financial statements for the year ended December 31, 2011, for Fun Science Company: The following additional information has been assembled:...
-
Provide six techniques (with examples) of sharing project knowledge (and information).
-
Tennis magazine would like to recruit participants for online focus groups. How would you use a newsgroup like https://groups.google.com/forum/?fromgroups\#!forum/rec.sport .tennis to recruit...
-
Why is integrated change control essential in the management of change requests?
-
What is the importance of having a project charter?
-
What are the stages in the requirements management process?
-
Suggest three differences a values-based, ethical stakeholder perspective could make in forming and building a new organizational culture. Explain.
-
An interest bearing promissory note for 90 days at 5.6% p.a. has a face value of $120,000. If the note is discounted 20 days after the issue date at a rate of 6.8% p.a., calculate the amount of...
-
Assume that interest rate parity holds. When a currency trades at a forward premium, what does that imply about domestic rates relative to foreign interest rates? When a currency trades at a forward...
-
Which type of database model has the most flexibility for querying? How does this flexibility assist management?
-
What are the first three rules of normalization? What is meant by the statement that the rules of normalization are additive?
-
How is data mining different than data warehousing?
-
Evaluate the challenges and solutions associated with implementing robust error handling and recovery mechanisms in operating systems, particularly in the context of disk I/O operations and system...
-
Erica, Deana & Tara had average capital balances of $350,000, $380,000 and $400,000 respectively during the current fiscal year. The partnership agreement provides for an allowance of 4% on the...
-
Retum to quest Grove Audio is considering the introduction of a new model of wireless speakers with the following price and cost characteristics. Sales price Variable costs Fixed costs Required: $...
Study smarter with the SolutionInn App