Identify how master data differs from transactional data.

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Identify how master data differs from transactional data.

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Answer 1

Answer #1

Master data:
-------------
Data that remains unchanged over a period of time.


Transaction data:
-----------------
Data relating to the day-to-day transactions.

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Answer 2

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Explain what a flexible budget is and how it differs from a master budget. In addition,...

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Identify how master data differs from transactional data.

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