A Transaction Processing System Is Also Referred to as a ________

question 67

Multiple Choice

A transaction processing system is also referred to as a ________.

• A)sales order processing
• B)data processing system
• C)management information system
• D)database management

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Definitions:

Net Operating Income

The profit generated from a company's core business operations, excluding deductions of interest and taxes.

Direct Labour

The wages or salaries paid to employees who are directly involved in the manufacturing or production of goods.

Bottleneck Operations

Stages in the production process that limit the overall output because they have a lower capacity compared to other stages.

Contribution Margin

The amount remaining from sales revenue after variable costs have been deducted, indicating how much contributes to covering fixed costs and generating profit.