An Airline's Online Ticket-Reservation System and an Electronic Funds Transfer

question 47

Multiple Choice

An airline's online ticket-reservation system and an electronic funds transfer system that moves money among banks, are examples of which of the following?

• A)order-processing systems
• B)decision support systems
• C)software development systems
• D)quality assurance systems

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Definitions:

Accounts Payable

Liabilities or the amount of money owed by a company to its creditors and suppliers for goods and services purchased on credit.

Operating Activity

Transactions and events that affect net income, including all activities not categorized as investing or financing activities, typically related to the core operations of a business.

Investing Activity

Financial transactions involving the purchase or sale of long-term assets and investments.

Financing Activity

Transactions involving the flow of cash between a company and its investors and creditors, related to equity and debt.