Which of the following reasons is data quality particularly important for master files compared to...

80.2K

Verified Solution

Question

Accounting

Which of the following reasons is data quality particularly important for master files compared to transactional files?
Because master files is often used across multiple business processes
Because master files are dynamic and constantly changing resulting in an increased risk of incorrect entry
Because master files store the results of individual business activities
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students