Which of these is a content of a master file?

A. All records relevant to the organization
B. Records of assets of the organization
C. A collection of data items
D. All records relating to employees

Correct Answer:

Option A – All records relevant to the organization.

Explanation

All record relevant to the organization: the records which are only relevant to the organization such as the name and address as well as summary information such as amount due and year to date sales will be in master file