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Kai Keoni has created custom statues made out of scrap metal for over ten years.He lives above his shop in Martha's Vineyard,Maryland.Kai is an accounting fanatic and has kept detailed records of every statue he has ever created.For every sale,he obtains the customer's name and address,a description of the statue,and a picture of the statue sold to the customer.His unique style has recently attracted the attention of several celebrities.Ready to take his business to the next level,Kai has hired you to construct an accounting information system,which he wants modeled after his paper records.As you look over his records,you realize that some customers bought multiple statues at the same time.For example,Yasmeen Ghuari bought a Tin Man Status,a flying horseman statue,and a terrier statue.You realize that in these cases,a single written record will have to be translated into multiple sales records.This is an example of what type of problem in the existing records?
Mobile Banking
A banking method that allows the bank customer to perform banking actions on his or her cell phone or other mobile device.
Banking Transactions
Financial activities conducted through a bank, such as deposits, withdrawals, transfers, and payments.
Smartphone
A smartphone is a mobile device that combines cellular connectivity, computing capabilities, and internet access, along with other functionalities.
MICR Numbers
A line of numbers printed at the bottom of checks using a special magnetic ink; includes bank routing number, account number, and check number, used for electronic processing.
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