A Transaction Processing System (TPS) Is the Basic Business System

question 4

Multiple Choice

A transaction processing system (TPS) is the basic business system that assists operational level analysts when making structured decisions. Which of the items below is not an example of a TPS?

• A) Target's internal company payroll system
• B) Comfort Dental patient diagnosis system
• C) First Bank's overall accounting system
• D) Stewart Sport's order entry system

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Definitions:

Revenue Level

The total amount of income generated from the sale of goods or services before any costs or expenses are deducted.

GAAP

The Generally Accepted Accounting Principles represent the framework and specific rules for financial accounting and reporting in the United States, promoting consistency and clarity.

Endowment Fund

A fund established by a donation, where the principal is kept intact and only the investment income is used for the fund's purposes.

Volunteer Hours

The time contributed by individuals who perform tasks or provide services willingly and without financial compensation.