What is a transaction processing system explain with examples?
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Transaction processing systems consist of computer hardware and software hosting a transaction-oriented application that performs the routine transactions necessary to conduct business. Examples include systems that manage sales order entry, airline reservations, payroll, employee records, manufacturing, and shipping.
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Online processing is an automated way to enter and process data or reports continuously as use as the source documents are available. A good example of online processing is bar code scanning. When you buy a shirt at Target, the bar code gets scanned at the register.
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