Asked by Zeyka Strandzheva on May 01, 2024
Verified
TPSs are inputs for FAIS.
TPS
Transaction Processing System (TPS) is a type of information system that collects, stores, modifies, and retrieves the data transactions of an enterprise.
- Understand the role and impact of Transaction Processing Systems (TPS) in business operations.
- Recognize different types of enterprise systems (FAIS, CRM, ERP, SCM) and their functionalities.
Verified Answer
CA
Cathy Ann BrewsterMay 07, 2024
Final Answer :
True
Explanation :
Transaction Processing Systems (TPS) provide the data that is required and used by Financial Accounting Information Systems (FAIS) to perform financial accounting and reporting tasks.
Learning Objectives
- Understand the role and impact of Transaction Processing Systems (TPS) in business operations.
- Recognize different types of enterprise systems (FAIS, CRM, ERP, SCM) and their functionalities.