Database vs Masterfile, accounting homework help

Anonymous
timer Asked: Oct 11th, 2016
account_balance_wallet $10

Question Description

For years, companies used master files to store data. Databases are now being used in their place. Why did this transformation take place? What are the advantages and disadvantages of using databases rather than files? Why is it important for an accountant to understand how a database works? Identify at least three functions in which an accountant would use a database.

Please make 1-2 paragraphs.

Please site sources within the paragraphs.

Tutor Answer

toto
School: UC Berkeley

Attached.

Running Head: DATABASE VS MASTERFILES

Database vs Masterfile
Name
Institutional Affiliation

1

DATABASE VS MASTERFILES

2

Before the innovation of databases, master files were used to store information.
Accountants would store the information in different files to make it easy to retrieve the
information. This transformation took place whe...

flag Report DMCA
Review

Anonymous
Thanks, good work

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors