The first step of the transaction processing cycle is _______________.
A) inquiry processing
B) document generation
C) transaction processing
D) data entry

Question

Quizplus · Accepted Answer

The first step of the transaction processing cycle is data entry, which involves capturing transaction data and entering it into an information system for processing. This data may come from a variety of sources, including electronic devices such as point-of-sale terminals or manual forms such as order tickets. Once the data is entered, it is processed through various stages such as validation, sorting, and summarization before being stored in a database for later use.

The First Step of the Transaction Processing Cycle Is _______________