What is a Formset in the context of merchant transactions?

A Formset in the context of merchant transactions refers specifically to a carbon set of sales draft copies. This terminology typically applies to traditional payment processing scenarios where merchants utilize paper receipts and transaction drafts to document customer purchases. The Formset allows merchants to keep a physical record of transactions for reference, reconciliation, and potential audits.

This method of record-keeping is particularly significant in environments where electronic transactions were not prevalent, as it served as an essential tool for maintaining accurate sales records and ensuring accountability. The physical copies generated by a Formset can also be important for legal and accounting purposes, ensuring that there is a traceable history of transactions made.

In contrast, other options focus on aspects that do not directly align with the definition of a Formset. Digital receipts or computerized records pertain to electronic transaction records, while an online form for customer feedback does not relate to transaction documentation at all. Therefore, the option that defines a Formset as a carbon set of sales draft copies accurately captures its purpose and function in merchant transactions.