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Is daily cash transactions legal?

yes it is legal for daily transaction


What are the essential in Transaction Processing System?

transaction processing system are computerized system that perform and record the daily routine transaction necessary to conduct business


What date did daily weather temperature recording start?

Daily weather temperature recording has been occurring for hundreds of years, but standardized and widespread recording began in the mid-19th century when the first national meteorological institutions were established. For example, the UK Met Office, founded in 1854, began systematic daily temperature recording across the country.


Kept a diary recording daily events?

Samuel Pepys


What statements best describes journalizing transaction?

Journalizing must be done daily.


Are utility bills an expense?

Yes, utility bills are considered an expense. They represent the costs associated with essential services such as electricity, water, gas, and internet, which are necessary for daily living and functioning. Tracking utility bills is important for budgeting and managing personal or business finances.


Identify a typical activity that would be recorded using the Transaction Processing System. How often would such an activity occur and what member of staff would be responsible for recording it?

A typical activity recorded using a Transaction Processing System (TPS) is sales transactions in a retail environment. Such transactions occur multiple times daily as customers make purchases. A cashier or sales associate is typically responsible for recording these transactions, ensuring accurate data entry for inventory and sales tracking. This real-time data helps manage stock levels and financial reporting.


Which information system answers routine questions about daily business transactions?

transaction processing system


What information system answers routine questions about daily business transactions?

transaction proccessing system


What isTransaction processing system?

A Transaction Processing System (TPS) is a type of information system that captures, processes, and stores data from transaction activities within an organization. It ensures accuracy and integrity in recording daily transactions, such as sales, inventory management, and financial operations. TPS is designed for efficiency and reliability, often operating in real-time to facilitate quick decision-making. Examples include point-of-sale systems and online banking systems.


Why marketing is important in daily and working life?

important of marketing in our daily life


What is a computerized system that performs and records the daily dealings necessary to conduct business is classified as a?

transaction-processing system.