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.
Explanation & Answer
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...
Review
Review
24/7 Homework Help
Stuck on a homework question? Our verified tutors can answer all questions, from basic math to advanced rocket science!