Jonesburg State Bank Uses a Computer System to Record Deposits

question 3

Multiple Choice

Jonesburg State Bank uses a computer system to record deposits and withdrawals from its customers' accounts.This is an example of a(n) :

• A)Operations information system
• B)Transaction-processing system
• C)Expert system
• D)Group decision-support system
• E)Artificial intelligence system

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Definitions:

Uniform Electronic Transactions Act

A law adopted by many states in the U.S. that establishes the legal validity of electronic records and signatures in commercial and governmental transactions.

Electronic Contracts

Agreements formed, signed, or executed electronically, which are legally binding under electronic commerce laws.

Statute of Frauds

A legal principle requiring certain contracts to be written and signed by the parties involved to be enforceable.

Employment Contract

A formal agreement between an employer and an employee that outlines the terms and conditions of employment.