Question

What is the primary focus of Transaction Process System (TPS) in business organizations?

a.

Long-term strategic planning

b.

Routine business activities and transactions

c.

Decision support for management

d.

Probabilistic modeling

Posted under IC 89 Management Accounting

Answer: (b).Routine business activities and transactions Explanation:TPS focuses on expediting and improving routine business activities of the organization, involving activities such as purchase, production, storage, marketing, sales, delivery, accounting, investment, and payments.

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Q. What is the primary focus of Transaction Process System (TPS) in business organizations?
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