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Transaction Data

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Transaction Data - definitions

Transaction Data - The finite data pertaining to a given event occurring in a process. Examples are the data obtained when an individual checks out groceries (the grocery shopping process) and the data obtained from testing a machined component (the final product inspection step of the production process).

[Category=Quality ]

Source: American Society for Quality, 27 October 2010 08:30:26, External

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Transaction data - "Transaction data describes an event such as the completion of a process, a credit card transaction, a purchase, a sale or a transfer. The ability to resolve the references to master data contained in transaction data is an important aspect of the Quality_ of transaction data."

[Category=Data Quality ]

Peter Benson, External , 05 April 2009 10:07:35)

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