Which system is used to process routine transactions examveda

TPS stands for_____

A. Transaction Processing System

B. Transaction Process System

C. Transaction Product System

D. Transaction Profit System

Answer: Option A

Solution(By Examveda Team)

TPS stands for Transaction Processing System. A Transaction Processing System is a set of information which processes the data transaction in database system that monitors transaction programs.

Which system is used to process routine transaction?

Transaction processing systems (TPS) are the basic business systems that serve the operational level of the organization. A transaction processing system is a computerized system that performs and records the daily routine transactions necessary to conduct business.

What are transaction processing systems used for?

Transaction processing systems (TPS) process the company's business transactions and thus support the operations of an enterprise. A TPS records a non-inquiry transaction itself, as well as all of its effects, in the database and produces documents relating to the transaction.

What is transaction processing system with examples?

Transaction processing systems consist of computer hardware and software hosting a transaction-oriented application that performs the routine transactions necessary to conduct business. Examples include systems that manage sales order entry, airline reservations, payroll, employee records, manufacturing, and shipping.

What type of processing method processes transactions as they occur Mcq?

Solution(By Examveda Team) Real time type of processing, data is processed immediately after a transaction occurs. Real-Time Processing involves continuous input, process, and output of data.