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Stages of a transaction processing cycle.
(i) Processing of inquiries – the system processes the inquiries made using the database.
(ii) Processing the transaction – depending on the outcome of the inquiries, the system
processes the activity such as buying or selling
(iii) Making decisions – the system uses application to support systems for planning,
analysis and decision making. Decisions are made on the transaction e.g. at what price
to sell.
(iv) Update master file – the system then stores the information relating to the transaction.
(v) Produce reports – the system winds up by producing a report on the transaction.
Inquiries
Processing
Decision
Storage
Report
gregorymasila answered the question on November 24, 2017 at 05:07
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