Trusted by millions of Kenyans
Study resources on Kenyaplex

Get ready-made curriculum aligned revision materials

Exam papers, notes, holiday assignments and topical questions – all aligned to the Kenyan curriculum.

Electronic point of sale (EPOS) and Automatic Teller Machines (ATMs) are the dominant terminals currently being used in business.Briefly explain three summary reports that are...

Electronic point of sale (EPOS) and Automatic Teller Machines (ATMs) are the dominant terminals currently being used in business.
Briefly explain three summary reports that are likely to be generated by each terminal.

Answers


gregory
Summary reports generated by EPOS:
1.A summary report of all the goods purchased at the terminals. This may be done
afterreferencing the terminal‘s database.
2.A summary report of the total units of each type of good sold. This may be
producedafter a detailed search through the database during which the item codes for each
type of good are identified and the sales related to each item tallied.
3.A summary report of the remaining stock
The EPOS automatically updates its database after every purchase is made therefore at any
one time, one may produce a summary report detailing the remaining stock in the stores.
Summary report generated by ATM:
1.A summary report of the actual and available cash balance of an account holder
After the account holder authenticates himself on the ATM and requests a balance slip, the
system runs a query to find out the actual balance of the account holder and deducts the
minimum cash balance allowed for specific account type to arrive at the available cash
balance.
2.A cash receipt for payment of utilities e.g. water, electricity, etc. This is
generatedimmediately after payment has been made.
3.A foreign currency withdrawal slip.
This is generated after foreign currency has been withdrawn. It indicates the amount
withdrawn and the remaining actual and available balance.
gregorymasila answered the question on November 23, 2017 at 13:51

Answer Attachments

Exams With Marking Schemes

Related Questions