A Computer System That Is Designed to Handle a Large

question 46

Multiple Choice

A computer system that is designed to handle a large volume of routine and recurring transactions is called a(n) _____ system.

• A) transactional analysis
• B) artificial intelligence
• C) transaction-processing
• D) transactional modeling
• E) decision-support

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Definitions:

Contribution Format

A format for income statements that distinguishes between fixed and variable expenses, emphasizing the contribution margin.

Break-even Point

The sales level at which a business generates neither profit nor loss, covering all fixed and variable costs.

Unit Sales

The quantity of products sold, not considering the price at which they were sold.

Contribution Margin

Contribution Margin is the amount of revenue remaining after deducting variable costs, which can then be used to cover fixed costs or generate profit.