• 1 Marks

AAA – Nov 2013 – L3 – AII – Q4 – Audit of IT Systems and Data Analytics

Identifies the computer file used to record and maintain payroll transactions and cumulative data.

 A computer file for recording payroll transactions for each employee and maintaining total employee salaries paid and related data for the year to date is called……………………………

Master File

Explanation:

A Master File is a comprehensive database or computer file that contains detailed and cumulative information, such as payroll data for each employee. It is updated periodically with transactions (e.g., salaries paid) and retains year-to-date totals and related information, which is essential for payroll processing and audit purposes.

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