Transaction Processing Systems Are Primarily Used to Automate Business Processes

question 71

Multiple Choice

Transaction processing systems are primarily used to automate business processes. Automation increases efficiency and effectiveness, while reducing head count which in turn reduces the overall operational ________.

• A) costs
• B) systems
• C) revenues
• D) intelligence

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Definitions:

Income Distribution

The way in which total income is shared among the population or different groups within a society.

Top Fifth

Often refers to the top 20% segment of a distribution, commonly used in the context of income or wealth distribution.

Bottom Fifth

A term referring to the lowest 20% of a population or group in terms of income, wealth, or other socioeconomic measures.

Highest Quintile

Refers to the top 20 percent of a population or group, often measured in terms of income or wealth, indicating those with the highest earnings or assets.