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    Thuy Anh Nguyen
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    This document lists and classifies various financial transactions as either batch or real-time processes. It also categorizes business activities as updating either master files, which contain standing reference data, or transaction files, which record individual events or changes. Preparing payroll checks, deposits, and bills are batch processes while purchases, withdrawals and transfers are typically real-time. Adding or updating customer, supplier, inventory and employee records affect master files, while sales, receipts and payroll are transactional activities.

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    This document lists and classifies various financial transactions as either batch or real-time processes. It also categorizes business activities as updating either master files, which contain standing reference data, or transaction files, which record individual events or changes. Preparing payroll checks, deposits, and bills are batch processes while purchases, withdrawals and transfers are typically real-time. Adding or updating customer, supplier, inventory and employee records affect master files, while sales, receipts and payroll are transactional activities.

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    13 views1 page

    Exercise

    Uploaded by

    Thuy Anh Nguyen
    This document lists and classifies various financial transactions as either batch or real-time processes. It also categorizes business activities as updating either master files, which contain standing reference data, or transaction files, which record individual events or changes. Preparing payroll checks, deposits, and bills are batch processes while purchases, withdrawals and transfers are typically real-time. Adding or updating customer, supplier, inventory and employee records affect master files, while sales, receipts and payroll are transactional activities.

    Copyright:

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    of 1

    P.2.

    6
    a. Prepare weekly payroll checks - batch
    b. Purchase goods from an online (e-commerce) store - real-time
    c. Prepare daily bank deposits - batch
    d. Prepare municipality bills for water and electricity - batch
    e. Make a cash withdrawal at an ATM - real-time
    f. Purchase bus tickets online - real-time
    g. Transfer money to your mother via money transfer at the local grocery store -
    real-time
    h. Purchase clothing form your favorite retail outlet at the local mall - real-time

    P.2.8
    a. Add a new customer – Master file
    b. Record purchases of raw meterials - Master file
    c. Change the tax percentage on taxable goods – Transaction file
    d. Update supplier payment terms - Master file
    e. Record sales – Transaction file
    f. Record employee commission on sales – Master file
    g. update accounts receivable balance - Master file
    h. Update unnit prices of selected stock items - Master file
    i. Record cash receipts - Transaction file
    j. Update customer balance - Master file
    k. Update customer contact details - Master file
    l. Record payroll checks - Transaction file

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