Management information systems revision question and answer

CPA-Quantitative-Analysis-Section-4 BLOCK RELEASE

Give the principal method of data capture in the following applications:
(i.) Banks;
(ii.) Supermarkets;
(iii.) Clothing and footwear retailing.
ANSWER
(i) Electronic Funds Transfer (EFT).
(ii) Electronic funds transfer point of sale system (EFTPOS).
(iii) Electronic funds transfer point of sale system (EFTPOS).

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