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Transaction processing

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13y ago

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How long is a title report good for from the time of mortgage application?

A title report is effective on the day it is delivered. It needs to be updated at the time of the closing before the transaction is recorded. It is a minor matter to update a title report since land records are generally available on computer.A title report is effective on the day it is delivered. It needs to be updated at the time of the closing before the transaction is recorded. It is a minor matter to update a title report since land records are generally available on computer.A title report is effective on the day it is delivered. It needs to be updated at the time of the closing before the transaction is recorded. It is a minor matter to update a title report since land records are generally available on computer.A title report is effective on the day it is delivered. It needs to be updated at the time of the closing before the transaction is recorded. It is a minor matter to update a title report since land records are generally available on computer.


Why are records updated?

To keep them up to date.


What is a record within a data base?

A record in a database is a collection of related data fields that are grouped together and treated as a single entity. It typically represents a single unit of information, such as a person, product, or transaction. Records are organized in database tables and can be retrieved, updated, or deleted as needed.


Master file in DBMS?

Yes! The master file of a DBMS is a data file containing relatively permanent records that are generally updated periodically. The transaction file is a temporary file that holds all changes to be made to the master file, such as additions, deletions, and revisions. A transaction file has to be sorted before it is used to update the master file. By the way, I didn´t get your question, but I hope I helped =D


How often is the Social Security Death Index updated?

The Social Security Death Index is not updated on a set schedule but it is usually updated once a week. It currently contains over 89 million records.


What is The difference between real time transaction processing and real time process control?

Real-time transaction processing involves the immediate processing and recording of transactions, such as financial exchanges or order placements, ensuring that data is updated in real time for accuracy and availability. In contrast, real-time process control focuses on monitoring and managing physical processes, like manufacturing or chemical reactions, to maintain optimal operational conditions and safety. While both require timely responses, transaction processing is data-centric, whereas process control is concerned with dynamic system management.


Will I have to furnish an updated vaccination record when I bring my cat to a boarding facility?

Typically pet boarders will require updated vaccination records. Contact your facility to verify.


What is a ledger posting machine?

a machine that records detailed transactions on a unit record ledger card. The balance associated with each transaction is summed and stored on a magnetic strip on the card. The machine can read all of the updated ledger cards very quickly to pick up the ledger balances and sum them into a totaling device.


What is a book that comes out every year?

"The Guinness World Records" book is an example of a publication that is updated and released annually with new records and information.


What is mt196?

MT196 is a financial message type used in the SWIFT (Society for Worldwide Interbank Financial Telecommunication) network, specifically for reporting on the status of a transaction. It is typically utilized by financial institutions to communicate information about the processing of a payment, such as confirmations, adjustments, or cancellations. This message type ensures that all parties involved in a transaction are updated on its current state, facilitating better communication and transparency in the financial process.


How often should hazard assessments be updated?

Hazard assessments should be reviewed annually and updated whenever the process or conditions change significantly.


How is an organised collection of related records called?

An organized collection of related records is called a database. It is a structured set of data stored in a computer system that can be easily accessed, managed, and updated.