Question: What are the three primary functions performed by the transaction processing system? The most commonly stated benefits of DDP are cost savings, increased

What are the three primary functions performed by the transaction processing system?

The most commonly stated benefits of DDP are cost savings, increased user satisfaction, and improved operational efficiency. Explain.

Data redundancy is described as a problem in flat-file systems due to data storage, updating, and currency issues. Explain.

Explain the elements of the REA model and give an example of each.

Distinguish between the accounting information system and the management information system.

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A Transaction Processing System TPS handles three critical tasks Data Collection and Recording The TPS gathers transaction data from various sources l... View full answer

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