A Company's Transaction Processing System Processes Both Financial and Non-Financial

question 149

Multiple Choice

A company's transaction processing system processes both financial and non-financial transactions.Which of the following is a non-financial transaction?

• A)Purchase of inventory from supplier
• B)Sale of goods to a customer
• C)Updating credit history of a customer
• D)Lease payment on president's automobile

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Definitions:

Unjustified Negative Attitude

An unfavorable opinion or feeling formed beforehand or without knowledge, reason, or consideration of the facts.

Prejudice

A preconceived opinion or judgment made without adequate knowledge or examination of the facts, often based on stereotypes.

Ethnic Minority Status

Refers to the classification of individuals who belong to groups with distinct cultural, racial, or national backgrounds that are smaller in number compared to the majority population within a society or country.

SES

Short for Socioeconomic Status, which refers to an individual's or group's economic and social position in relation to others, based on income, education, and occupation.