Transactional data is used when performing operational tasks and repetitive decisions such as analyzing daily sales reports and production schedules to determine how much inventory to carry.

Question

Quizplus · Accepted Answer

This statement is true. Transactional data refers to data relating to day-to-day operations and transactions, such as sales, purchases, and inventory movements. This type of data is essential for ensuring efficient and effective business operations through tasks such as inventory management and production planning.

Transactional Data Is Used When Performing Operational Tasks and Repetitive