In Transaction Processing,generally Which Activity Comes First

question 107

Multiple Choice

In transaction processing,generally which activity comes first?

• A)recording data in a journal
• B)posting items to special journals
• C)capturing data on source documents
• D)recording data in a general ledger

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Definitions:

Gigabyte

A unit of digital information storage equivalent to approximately 1 billion bytes (1,000 megabytes).

Computer Memory

A device or system used to store digital information for immediate use in a computer or related computer hardware.

Equilibrium Price

The price at which the quantity of a product demanded by consumers equals the quantity supplied by producers.

Equilibrium Quantity

The amount of goods or services supplied and demanded at the equilibrium price, where the quantity demanded equals the quantity supplied.