Tag: accounting using data base management system (dbms)

Questions Related to accounting using data base management system (dbms)

The accounts shown in the chart of accounts can be broadly classified into two categories: Balance sheet accounts and ___________ accounts.

  1. Income statement

  2. Expense

  3. Revenues

  4. Cash


Correct Option: A

A collection of records pertaining to one of the main subjects of an information system, such as customers, employees, products and vendors is known as ___________.

  1. Master File

  2. Transaction File

  3. Master data management

  4. Customer File


Correct Option: A