Examlex
Capturing and gathering all data necessary to complete the processing of transactions is called data input.
Agent
An individual or entity authorized to act on behalf of another (known as the principal) in dealing with third parties.
Symbolic Rewards
Non-financial incentives such as recognition, awards, or titles given to acknowledge an individual’s or team's achievements.
Mutual Loyalty
A reciprocal commitment or allegiance between individuals or within a group, fostering trust and support.
Friendship
A close and enduring relationship, marked by feelings of care, respect, admiration, and support between individuals.
Q6: Briefly describe the transaction processing cycle.
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