Prepare for the Certified Compensation Professional (CCP) Electronic Transactions Association (ETA) Exam with flashcards and multiple choice questions. Each question includes hints and explanations to enhance your understanding. Get ready for your CCP exam today!

Header information is crucial for identifying the transaction context and the parties involved. It typically includes the merchant's business information, which encompasses essential details such as the business name, address, and potentially the business identification number. This data serves to authenticate the transaction, providing necessary validation for both the service provider and the customer.

In contrast, daily sales records, customer contact details, and employee identification numbers pertain to other aspects of business operations and management, but they do not fit within the scope of what constitutes header information. Header information is specifically focused on identifying the transaction's source and the entity processing it, thereby reinforcing its role in transaction legitimacy and efficiency.

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