The transaction cycles approach leads to efficient processing of large number of transactions because
A) transaction cycles are easier to computerize.
B) a large number of transactions within a given cycle can be categorized into a relatively small number of distinct types.
C) the transaction cycle approach represents the natural order of business.
D) transaction cycles are easy to understand.
Correct Answer:
Verified
Q2: Which step below is not considered to
Q6: What is the major difference between the
Q9: All transaction cycles feed information directly into
Q11: Certain documents or forms are generated and/or
Q19: A typical source document could be
A) in
Q19: Data must be collected about three facets
Q48: Transaction cycles can be summarized on a
Q49: Groups of related business activities such as
Q54: Which of the following statements is false?
A)
Q59: Transaction cycles can be summarized on a
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