ict short test 2

• EFT


  Electronics fund transfer is the transfer of money electronically from one account to another
• Advantages of EFT

  • Payment is immediate
  • Can be used for payments 247
  • More secure than cash
  • Can be used anywhere in the world
• Batch Process


  A group of IT jobs processed together, either continually or at the same time
• School Management System


  Software designed to assist school administrative and educational tasks such as registration and predicting student progress
• Stock Control System


  Computerized system to automatically maintain records of stock levels and automatically order new items when they get below a certain level
• Credit Card


  A card that allows a customer to borrow funds to pay for goods and services
• Debit Card


  A card allowing the holder to transfer money electronically from their bank account when making a purchase
• Components of Expert System

  • User interface
  • Knowledge base
  • Inference engine
  • Explanation base
• Knowledge Base


  All of the data, facts and conditions about the expert's particular subject
• Inference Engine


  The program that can apply the rules to the data in order to get sensible judgements
• Explanation System


  Provides an explanation of the reasoning processes used to arrive at a particular decision
• Contactless Payment

  A transaction that requires no physical contact between the consumer's payment device
• NFC


  Short range wireless method for devices to communicate with each other without needing a power supply
• Expert System


  A computerized system that attempts to reproduce the decision making process of a human expert
• POS

  Point of sale is the place where you pay for goods or services, e.g. cash register