Tag: accounting and database management system

Questions Related to accounting and database management system

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