In the context of financial management information systems,transaction processing systems or enterprise systems capture transactions entered by workers in all functional areas of the business.

Question

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Transaction processing systems or enterprise systems capture transactions entered by workers in all functional areas of the business, such as sales, accounting, and inventory management, and record them in a central database. This information can then be used by financial management information systems to generate financial reports and analysis.

In the Context of Financial Management Information Systems,transaction Processing Systems