Question: The system flowchart has 2 processes 1. Credit Card Processor(Acquiring Bank validates) 2. Payment received on cardholder's account These each need a process specification explaining

The system flowchart has 2 processes

1. Credit Card Processor(Acquiring Bank validates)

2. Payment received on cardholder's account

These each need a process specification explaining how they take in the input data and produce the output data.

The flowchart has three effective files

1. Transaction Files (Issuing Bank approves or declines)

2. Merchant batch of credit card sales

3. Cardholder receives statement ten pays credit card bill

Each of these needs a File Description that specifies the data attributes Name, type and size. Also the names of the files need to be changed. The current names sound like processes not files. Files should be nouns.

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