What Is Transaction Processing

question 40

Multiple Choice

What is transaction processing?

• A) The decision support system used to efficiently handle multiple transactions
• B) The posting and tracking of the detailed activities of a business
• C) The movement of paperwork through a system using a decision tree
• D) The scheduling of machinery to minimize time and scrap

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Definitions:

Current Ratio

A financial metric used to measure a company's ability to pay its short-term liabilities with its short-term assets.

Debt Ratio

A financial ratio that compares the amount of debt a company has to its total assets.

Inventory Turnover Ratio

A measure of how many times a company's inventory is sold and replaced over a given period, indicating the efficiency of inventory management.

Current Ratio

A financial metric that measures a company's ability to pay short-term obligations with its current assets.