Chapter 9

Question 1

What is batch processing system?

Answer 1

Data processing of business transactions accrued over time and presented as a single unit

Question 2

What does TPS include?

Answer 2

Order processing systems, Accounting Systems, Purchasing Systems

Question 3

Transaction Processing Cycle

Answer 3

The process of data collection, data editing, data correction, data manipulation, data storage, and document production.

Question 4

Databases that work with POS TPS systems?

Answer 4

Inventory, Purchases and Item

Question 5

What is data production?

Answer 5

The process of generating output records and reports

Question 6

Advantages to ERP

Answer 6

Improved access to data, Elimination of costly inflexible legacy systems, increase best practices, IT upgrade.

Question 7

Disadvantages to ERP

Answer 7

Implementation time/expense, One Vendor risks,

Question 8

How to avoid ERP failures?

Answer 8

Full-Time exec to manage project, Plan considerable training, Define metrics to measure project, define project clearly

Question 9

What is the main accounting record of a business?

Answer 9

The general ledger