Every Time Joe's Customers Purchase an Item,he Stores the Sale

question 96

True/False

Every time Joe's customers purchase an item,he stores the sale in a database.The best option for him is to use an analytical database.

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Definitions:

Voucher System

A set of procedures for authorizing and recording liabilities and cash payments.

Internal Control

Procedures and policies implemented by a company to safeguard its assets, ensure accurate financial reporting, and promote operational efficiency.

Cash Payments

Transactions in which payment for goods or services is made with cash at the time of purchase.

Voucher

A special form for recording relevant data about a liability and the details of its payment.