A(n)________ Transaction Processing System Reports Business Income and Expenses in Monthly

question 12

Multiple Choice

A(n) ________ transaction processing system reports business income and expenses in monthly reports so that the financial health can be determined.

• A)general ledger
• B)accounts payable
• C)inventory control
• D)EDI

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Definitions:

Rate Of Investment

The percentage of return achieved on an investment over a given period of time.

Technological Change

Innovations in technology leading to the creation of new products, improvement in production processes, or increased efficiency in services or operations.

Standard Of Living

The degree of wealth, comfort, material goods, and necessities available to a person or community.

Output Per Worker

measures the average production or services provided by each worker, often used as a productivity indicator.