Is the following statement about transaction processing system true?

This is true. Each part of the transaction processing system is unique and needed. The collection of models will help the processing system understand each user’s personal track record (for example, one person might spend $100 every other week on groceries, while another person might put $800 quarterly into a savings account).

The facts and information help to make sure that each decision made is in line with other decisions for similar situations. The procedures that help it interact with other systems and users will make it user-friendly. All of these facts are true, and they will make using a transaction processing system much easier than anyone else would have thought. It will also allow the system to do its job correctly.