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Unformatted text preview: o Sarbanes-Oxley Act o Financial Services Modernization Act (Gramm-Leach-Biley) o Health Insurance Portability & Accountability Act (HIPAA) Examples of Transaction Processing Systems ATM transaction Airline reservations Stock purchase/sale Point-of-sale (retail store) purchase Package delivery (FedEx) tracking system McDonalds- a comprehensive transaction processing system Value of transaction data versus summarized data Data Processing Systems DP systems manipulate (organize) numbers, words, symbols, pictures to increase their value & usefulness Applied to repetitive, high volume, routine, counting task applications with a historical focus A summary of transactions First functions to automate: bookkeeping, accounting, payroll, inventory, distribution, sales/order entry...
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- Summer '09