in at least two different accounts.
The answer is R
transaction processing system are computerized system that perform and record the daily routine transaction necessary to conduct business
Transaction processing system are operational level systems at the bottom of the pyramid.
The transaction flow of a Point of Sale (POS) system typically begins when a customer selects items for purchase and presents them for checkout. The cashier scans the items, which are recorded in the POS system, and the total amount is calculated. The customer then chooses a payment method—whether cash, card, or digital payment—and completes the transaction. Finally, the POS system processes the payment, updates inventory, and generates a receipt for the customer.
Like transaction in banks there are transactions in a database system too like deleting data is also a transaction. Transaction can be recovered using rollback and save point.
Single entry system is that system in which only one side of entry either debit or credit is recorded while the other side of transaction is ommitted while in double entry system, both side of transactions debit and credit are recorded to complete the business transaction.
The answer is R
In double entry accounting system any transaction should be equal for both debit as well as credit side to be recorded otherwise no business transaction can be recorded. This assures the basic accounting equation as well.
disadvantages of transaction processing system
To pull back a transaction during the approval process, you typically need to access the transaction management system or software where the transaction is recorded. Locate the specific transaction, often by using identifiers like transaction ID or date, and select the option to reverse or withdraw the approval. Depending on the system’s protocols, you may also need to provide a reason for the pullback and confirm the action. Ensure that all relevant stakeholders are informed of the change to maintain transparency.
transaction processing system are computerized system that perform and record the daily routine transaction necessary to conduct business
transaction processing system
4 types of transaction processing system
Transaction processing system are operational level systems at the bottom of the pyramid.
improved transaction speed and accuracy
The transaction flow of a Point of Sale (POS) system typically begins when a customer selects items for purchase and presents them for checkout. The cashier scans the items, which are recorded in the POS system, and the total amount is calculated. The customer then chooses a payment method—whether cash, card, or digital payment—and completes the transaction. Finally, the POS system processes the payment, updates inventory, and generates a receipt for the customer.
Like transaction in banks there are transactions in a database system too like deleting data is also a transaction. Transaction can be recovered using rollback and save point.