BX2019

Created by: jbulman94
Created on: 06-05-21 09:06

Give three examples of access control in a POS system.

The following are examples of access control:
a. Steel cables to secure expensive leather coats to the clothing rack.
b. Locked showcases to display jewelry and costly electronic equipment.
c. Magnetic tags attached to merchandise, which will sound

1 of 5

Discuss the trade-off in choosing to update the general ledger accounts in real time versus batch.

The advantage of real-time updating is that the general ledger would be current after every transaction. The tradeoff is a potential decline in operating efficiency, depending on the volume of transactions processed by the system.

2 of 5

If an automated credit checking function denies a customer credit, should the sales clerk ever be authorized to override the decision? If so when?

If credit is denied, the sales clerk should not be able to force the transaction to continue. However, to allow for operational flexibility in unusual circumstances, the system provides a management override option that may only be performed by a supervis

3 of 5

How can advanced technology transaction processing systems reduce fraud?

All of the record keeping functions, which in the basic technology system were performed manually by accounting clerks, are automated in the advanced technology system. In the advanced technology system, a computer application, which is not influenced by

4 of 5

Is a POS system that uses bar coding and a laser light scanner foolproof against inaccurate updates? Discuss.

No, the bar-codes are not read with 100% accuracy. Another potential error can occur if the wrong bar-coded stickers are attached to the merchandise, which can occur in some discount retail stores that do not update the database; they just print out bar-c

5 of 5

Other cards in this set

Card 2

Front

Discuss the trade-off in choosing to update the general ledger accounts in real time versus batch.

Back

Card 3

Front

If an automated credit checking function denies a customer credit, should the sales clerk ever be authorized to override the decision? If so when?

Back

Card 4

Front

How can advanced technology transaction processing systems reduce fraud?

Back

Card 5

Front

Is a POS system that uses bar coding and a laser light scanner foolproof against inaccurate updates? Discuss.

Get Revising

BX2019