Question 10 1 points Save Answ A database is a logical collection of data and, using a relational database approach, software can link database contents. Accounting software will use this approach for the efficient construction of financial transactions. Accounting reports are then created, using software functions to query, filter, aggregate and summarise database contents in the same way that manual system might. Now examine the following statements concerning database components: i. A record is a collection of key fields that act faster (record-breaking speeds) than normal data (held in ROM). Databases are, therefore, a collection of sales, purchase and inventory reports constructed from relational key fields. Accountants, therefore, are quickly becoming database security professionals. ii. Data are raw facts held in a cell. A record is a collection of linked data and a database is a file or files) of related records. A 'key' field approach is used to connect database files. The modern accountant should understand how computers prepare and store transactions data and how accounting reports are constructed and presented for output verification purposes. iii. The coding system, used by computerised accounting software for transaction construction, enables entitled users to access higher levels secure (fixed) data. Data input (operator) staff will not have access to databases and will create data fields only from hand-written (paper-based) authorisation. Accountants do not input transaction files into the computer system. iv. Transactions are constructed, using a computerised system, by inputting real time data and by accessing data from fixed (secure) database files using a key field (code) approach. This serves to standardise data input, help validity and maximise the speed and accuracy of reporting output. Which of the above statements are true? O a. ji and iv. b. ii, iii and iv. O c. ii and iii. O d. i and