describe 4 major processing functions involved in transaction processing
Answers
Transaction processing may be accomplished in one of two modes:
1. On-line mode
2. Batch mode
Characteristics of on-line transaction processing:
1. Each transaction is completely processed immediately upon entry.
2. OLAP is the most common mode of used today
3. More costly than batch processing
4. Database is always up to date
5. Require the use of fast secondary storage such as magnetic disks
Characteristics of batch transaction processing:
1. Relies on accumulating transaction data over a period of time and then processing the entire batch at once.
2. Batch processing is usually cyclic: daily, weekly, or monthly run cycle is established depending on the nature of the transactions
3. Cheaper than on-line processing
4. Easier to control than on-line processing
5. Database is constantly out of date
6. Batch processing is now being captured using disk files
Functions of Transaction Processing Systems
A transaction is an elementary activity conducted during business operations
1. On-line mode
2. Batch mode
Characteristics of on-line transaction processing:
1. Each transaction is completely processed immediately upon entry.
2. OLAP is the most common mode of used today
3. More costly than batch processing
4. Database is always up to date
5. Require the use of fast secondary storage such as magnetic disks
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