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Rina8888 [55]
3 years ago
13

A bank that uses a computer system to record deposits and withdrawals from its customers' checking accounts is using a(n):

Business
1 answer:
erastova [34]3 years ago
5 0

Answer: transaction processing system

Explanation:

A bank that uses a computer system to record deposits and withdrawals from its customers' checking accounts is using a transaction processing system.

Transaction processing system is when the system is used in the processing of transactions and data is being sent and recorded in the system.

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The transition to an information economy was characterized by ______.
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2-1.3 Which of the following statements about data storage is (are) true? A chart of accounts is a list of the numbers assigned
monitta

Answer:

  • A chart of accounts is a list of the numbers assigned to each general ledger account.
  • A subsidiary ledger contains detailed data for any general ledger account with many individual subaccounts.

Explanation:

A chart of accounts contains a list of all the numbers assigned to balance sheet and income statement accounts. The account numbers allow transaction data to be coded, classified, and entered into the proper accounts.

Subsidiary ledger s are used to record details information for a general ledger account that contains many subaccounts, like accounts receivable (at last 1 subaccount per client), inventory (at least 1 subaccount per product) and accounts payable (at least 1 subaccount per creditor).

4 0
3 years ago
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Sunland Company is unsure of whether to sell its product assembled or unassembled. The unit cost of the unassembled product is $
nikitadnepr [17]

Answer: Sell before assembly, the company will be better off by $1 per unit.

Explanation:

To solve the above question, we need to calculate the incremental profit or loss first. This will be:

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= $87 - $62 - $26

= -$1

Since there is an incremental loss of $1, then the correct answer is "Sell before assembly, the company will be better off by $1 per unit".

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2 years ago
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