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Tomorrow’s Technology and You 8th Edition - page 20 / 50

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© 2008 Prentice-Hall, Inc.

Slide 20

Tomorrow’s Technology and You 8/e Chapter 12 Systems and Organizations

Information Systems for Business Transactions

A transaction is an event that occurs in any of the primary activities of a company.

Examples: a sale to a customer, a purchase from a supplier, or a payroll payment to an employee

An organization can use an information system to track transactions in order to operate efficiently.

A transaction processing system (TPS) is a basic accounting and record-keeping system that keeps track of routine transactions.

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