The ____________________ Transaction Processing Systems of an Organization Must Track

question 69

Short Answer

The ____________________ transaction processing systems of an organization must track the flow of data related to all the cash flows that affect the organization.

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Definitions:

Risk

The potential for losses or less-than-expected returns, present in all types of investments and business activities.

Uncertainty

The state of having limited knowledge where it is impossible to exactly describe the existing state, a future outcome, or more than one possible outcome.

Investing Activities

Activities involving the buying and selling of long-term assets and investments, excluding those considered as cash equivalents.

Financing Activities

Activities that result in changes in the size and composition of the contributed equity and borrowings of an entity, often reflected on the cash flow statement.