Transactional data,also called reference data,includes supplier names and addresses,item names and units of measure,and employee data.

Question

Quizplus · Accepted Answer

Transactional data refers to the information recorded from transactions (e.g., sales, purchases, deliveries). Reference data, on the other hand, is a subset of master data used to classify or categorize other data, such as lists of valid countries, currencies, or product codes, and does not include transactional details.

Transactional Data,also Called Reference Data,includes Supplier Names and Addresses,item Names