Which of the following is NOT a financial transaction? Purchase of inventory Cash receipts update valid vendor file Question 2 Which is the least appropriate type of transaction for a real-time system?

Which of the following is NOT a financial transaction? Purchase of inventory Cash receipts update valid vendor file Question 2 Which is the least appropriate type of transaction for a real-time system?

Accounting Information Systems

10th Edition

ISBN:9781337619202

Author:Hall, James A.

Publisher:Hall, James A.

Chapter10: The Rea Approach To Database Modeling

Section: Chapter Questions

Problem 3MCQ

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Concept explainers

Management Information Systems

While undertaking any business decisions, data is the most important aspect. An information system (IS) is a set of data, computing devices and management methods that support routine company operations. A management information system (MIS) is a specific subset of IS.

Question

100%

Which of the following is NOT a financial transaction?
Purchase of inventory

Cash receipts

update valid vendor file
Question 2
Which is the least appropriate type of transaction for a real-time system?
1. air traffic control systems
2. point-of-sale transactions
3. airline reservations
4. payroll

Processes and procedures involved in achieving the organizational goals and objectives for the daily operations of a company. Control systems involve all the operational control systems, their implementation, and strategic control processes.

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