Which of the following statements about a master file is false?
A)A master file is conceptually similar to a ledger in a manual AIS.
B)A master file's individual records are rarely,if ever,changed.
C)A master file exists across fiscal periods.
D)A master file stores cumulative information.

Question

Quizplus · Accepted Answer

Master files can have individual records that are changed, such as when a customer updates their address or a vendor changes their payment terms. However, the cumulative information in the master file, such as the total amount owed by a customer, will continue to accumulate and be stored in the file.

Which of the Following Statements About a Master File Is