All of the Following Are Logical Uses of Transaction Processing

question 16

Multiple Choice

All of the following are logical uses of transaction processing systems, except ___________.

• A)evaluating the possible effects of alternative decisions
• B)recording of sales transactions
• C)processing of checks and deposits
• D)buying and selling of stocks

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Definitions:

Policy Decisions

High-level choices made by organizations or governments that set directions, establish regulations, or guide the implementation of strategies.

Monte Carlo Simulation

A statistical technique that uses random sampling and repeated trials to calculate outcomes of uncertain variables.

Mathematical Model

A representation of a system, process, or relationship in mathematical form, using symbols and equations.

Operating Characteristics

Key features and parameters that describe how a system performs under various conditions, often used in evaluating process efficiency.