Which of the following is true about a POS system?
A) It is a terminal used for electronic processing of payment transactions in a retail outlet.
B) When the cashier scans a product you purchase, the pricing comes from a centralized database thousands of miles away.
C) Many POS systems include a complete accounting, inventory, and management system.
D) All of the above are true.

Question

Quizplus · Accepted Answer

A POS system is a terminal used for electronic processing of payment transactions in a retail outlet. When the cashier scans a product you purchase, the pricing comes from a centralized database thousands of miles away. Many POS systems also include a complete accounting, inventory, and management system. Therefore, all of the above statements are true.

Which of the Following Is True About a POS System