A Transaction Processing System (TPS)

question 55

Multiple Choice

A transaction processing system (TPS) :

• A)processes raw data.
• B)does reporting.
• C)extracts,transforms,and loads data.
• D)does advanced data analysis.

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Definitions:

Price

The amount of money required to purchase a good or service, determined by supply and demand dynamics.

Tax Burden

The financial charge or impact that a taxpayer faces due to government taxation.

Buyers

Individuals or entities that purchase goods or services for personal use, resale, or production purposes.

Unit

A standard measure or quantity used in expressing the size, amount, or extent of something, often used in economics for analysis.