An organization must have information systems that support routine, day$-$to$-$day activities and that help a company add value to its products and services.

Transaction processing systems $($TPS$)$ capture and process the fundamental data about events that affect the organization called that are used to update the official records of the organization.

The essential characteristic of $a(n)$ transaction processing system is that it processes transactions as they occur.

Which of the following is not one of the basic components of a TPS$?$

a$.$ Databases

b$.$ Networks

c$.$ Procedures

d$.$ Analytical models

involves providing feedback regarding a potential data problem and enables users to change the data.

a$.$ Data collection

b$.$ Data correction

c$.$ Data editing

d$.$ Data processing