Solved: Transaction files contain data about things and events, Accounting Basics

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Transaction files contain data about things and events

There are three generic file types. Choose the true statement:

1. Master files contain data about events and things

2. Junction files contain data about things

3. Transaction files contain data about things and events

4. Master files contain data about things

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Accounting Basics: Transaction files contain data about things and events

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Accounting Basics: Transaction files contain data about things and events

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