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What is Understanding Transaction Processing Systems about?

The document discusses transaction processing systems (TPS). A TPS records business transactions like purchases, payments, deposits and allows data to be accessed by internal and external entities. It performs routine tasks to support operational decision making. Transactions can be recorded online as they occur or processed in batches periodically. A TPS ensures data from transactions is accurately captured, validated, stored and available in reports for managers. It is critical for accounting and financia

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