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Accounting information system Question no. 2 Which of the following actions update a master file and which would be stored as a record in a
Accounting information system
Question no. 2 Which of the following actions update a master file and which would be stored as a record in a transaction file? a) Add a new customer b) Record purchases of raw materials c) Change the tax percentage on taxable goods d) Update supplier payment terms e) Record employee commission on sales f) Update unit prices of selected stock items g) Record cash receipts h) Update customer contact details i) Record payroll checks Step by Step Solution
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