![]() ![]() Y the conversion cycle, and y the revenue cycle. ![]() ![]() y similar types of transactions are grouped together into three transaction cycles: Objectives for Chapter 2 y Broad objectives of transaction cycles y Types of transactions processed by each of the three transaction cycles y The basic accounting records used in TPS y The traditional accounting records and their magnetic equivalents y Documentation techniques y Batch and real-time processing and the impact of these technologies on transaction processingĪn Overview of Transaction Processing A Final Transaction is… y an economic event that affects the assets and equities of the firm, is reflected in its accounts, and is measured in monetary terms. Cengage Learning and South-Western are trademarks used herein under license Accounting Information Systems, 6th edition James A. HallĬOPYRIGHT © 2009 South-Western, a division of Cengage Learning. ![]()
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