2: F.1. Transaction Cycles Flashcards

(2 cards)

1
Q

What is the meaning of a flow chart

A

it means the paper or the place that shows all the transactions of a customer from the invoice to the payment

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2
Q

What is the meaning of peer-to-peer

A

It means that, deal person A deals with person B with no centralized authority,
When I want to send money to my friend, I go to the bank (centralized authority), but if I want to sendthe photo to my friend via Bluetooth it’s peer-to-peer

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