All the documents a brokerage generates for a single completed transaction are kept in A master transaction file. Option B
This is further explained below.
<h3>What is
a master transaction file.?</h3>
Generally, The data found in the transaction files is what is utilized to bring the master files, which are the files that hold information on the organization's subjects, up to date.
In addition to their primary purpose, transaction files also serve as audit trails and the organization's history.
In conclusion, A master transaction file is where a brokerage store all of the papers it creates for a single completed transaction and keeps them safe. Alternative B
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complete question
All the documents a brokerage generates for a single completed transaction are kept in:
a. the broker's PDA.
b. a master transaction file.
c. the assistant's home.
d. none of the above.
