Future Business Leaders of America (FBLA) Business Management Practice Test

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Get ready for the FBLA Business Management Test. Prepare with interactive flashcards and multiple choice questions, each designed with hints and explanations. Excel in your exam!

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Which of the following is now commonly used instead of manual record-keeping?

  1. Expert systems

  2. Transaction processing

  3. Data computing

  4. Cloud storage

The correct answer is: Transaction processing

The correct answer is commonly recognized as cloud storage. In today's business environment, cloud storage refers to storing and managing data over the internet, rather than relying on physical storage devices or manual record-keeping processes. This method offers numerous advantages, such as enhanced accessibility, scalability, and collaboration, allowing users to access their data from anywhere at any time with an internet connection. While transaction processing does relate to the automation of recording and handling business transactions, it typically refers to systems that handle the execution and recording of transactions in real-time and is a component of larger systems that may still require some aspects of manual oversight. Expert systems are designed to solve complex problems by reasoning through bodies of knowledge, but they do not replace record-keeping in the way cloud storage does. Similarly, data computing generally involves processing and analyzing data rather than serving as a storage solution. In summary, cloud storage has revolutionized how businesses manage their records by digitalizing and streamlining these processes, whereas the other options focus on different aspects of data management and processing.