Difficulty: Easy
Correct Answer: Master file
Explanation:
Introduction / Context:
Enterprises manage multiple file types: master, transaction (update), and logs. The question tests whether you can identify the file that is persistently maintained to reflect the current state of key entities (customers, inventory, accounts).
Given Data / Assumptions:
Concept / Approach:
The master file stores the authoritative, current values for entities. Transaction (update) files capture events to be applied; log files record activity for auditing and recovery. After processing, the master file remains the ongoing, perpetual record.
Step-by-Step Solution:
Verification / Alternative check:
Batch and online systems apply transaction files to master files; logs help reconstruct or audit, but the master is the perpetual source of truth.
Why Other Options Are Wrong:
Common Pitfalls:
Confusing the flow of data (transaction → master update) with the identity of the ongoing file.
Final Answer:
Master file
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