The purpose of the transaction processing system includes all of the following except
A) converting economic events into financial transactions
B) recording financial transactions in the accounting records
C) distributing essential information to operations personnel to support their daily operations
D) measuring and reporting the status of financial resources and the changes in those resources
Correct Answer:
Verified
Q20: One of the greatest disadvantages of database
Q21: The major difference between the financial reporting
Q22: In a database,a complete set of attributes
Q23: Which level of management is responsible for
Q24: Database management tasks do not include
A)summarization
B)storage
C)retrieval
D)deletion
Q26: Effective information has all of the following
Q27: The primary input to the transaction processing
Q28: Which level of management is responsible for
Q29: An example of a nonfinancial transaction is
A)sale
Q30: An example of a financial transaction is
A)the
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