Transaction Processing Systems Are Primarily Used to Automate Business Processes

question 153

Multiple Choice

Transaction processing systems are primarily used to automate business processes. Automation increases efficiency and effectiveness, while reducing head count which in turn reduces the overall operational ________.

• A)Costs
• B)Systems
• C)Revenues
• D)Intelligence

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Definitions:

Managerial Responsibility

The duty and accountability held by managers to make decisions, oversee operations, and ensure the strategic objectives of the organization are met.

Controllable Costs

Expenses that can be directly controlled or influenced by a manager or decision-maker within a certain time frame.

Budgetary Control

A management tool used for monitoring and controlling costs by comparing actual performance with budgeted expectations, facilitating corrective actions.

Controlling Operations

This refers to the process of monitoring, managing, and adjusting a company's or organization's operations to meet set goals and objectives.