Homework Answers
Answer- ( c) transaction file.
Transaction file is conceptually similar to a journal in a manual AIS Because journal refers to the detailed recording of all the transaction of business and transaction file refers to the collection of all the transaction recorded. So, both term is conceptually similar as both has the collection of all transaction recorded.
On the other hand, master file refers to the data records of customers, products,employees, address,vendors etc. Database refers to the systematic collection of all data which is stored in electronic device. Recording in accounting refers to the writing of transactions,assets,liabilities occur in business.
CONCLUSION- TRANSACTION FILE AND JOURNAL is conceptually same.
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