The chart of accounts file is what type of file?
A) Open file
B) Reference file
C) Transaction file
D) Program file

Question

Quizplus · Accepted Answer

The chart of accounts file is a reference file that provides a list of all the accounts used by a company. It is not an open file, as it is typically not edited on a regular basis. It is also not a transaction or program file, as it does not contain specific transactions or code to execute any functions.

The Chart of Accounts File Is What Type of File