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You have a banking application that transfers money in to and out of accounts.
Of which type of solution is this is an example?
Suggested Answer: D
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50 comments · newest first
TI
Timothy
11 months ago
Surprised it's not something else, like a data warehouse.
TH
Theron
11 months ago
No doubt, it's OLTP for sure!
VA
Valene
11 months ago
Wait, isn't this more like ETL? Just curious.
GA
Gayla
12 months ago
I agree, OLTP is the way to go for this!
LI
Linsey
12 months ago
Definitely OLTP, it handles transactions in real-time.
AN
Antione
1 year ago
I’m a bit confused between OLAP and OLTP, but I feel like OLTP is more about day-to-day operations like this banking app.
YA
Yaeko
1 year ago
ETL sounds familiar, but I don’t think that fits here since it’s more about data movement rather than transactions.
JA
Jacquelyne
1 year ago
I remember practicing a question about transaction processing systems, and I think OLTP was the right answer there too.
LA
Lashawn
1 year ago
I think this might be OLTP since it involves real-time transactions, but I'm not completely sure.
MI
Misty
1 year ago
This is a classic OLTP system. The key is the real-time money transfers, which is the hallmark of an online transaction processing solution. I'm confident in this answer.
MA
Mattie
1 year ago
I'm a bit confused by the options here. ETL, data warehouse, OLAP, and OLTP - which one best fits a banking app? Let me re-read the question carefully.
HI
Hildegarde
1 year ago
Okay, I've got this. A banking app that handles money transfers is clearly an OLTP system, focused on real-time transaction processing. I'll select that option.
LA
Laquanda
1 year ago
Hmm, I'm a bit unsure here. Is this OLAP or OLTP? I need to think through the differences between these two types of solutions.
AL
Albina
1 year ago
This looks like a straightforward OLTP question. I'll focus on the key details about the banking application and money transfers.
EM
Emerson
1 year ago
This question seems pretty straightforward. I think the answer is D, since the prompt mentions "interfund transfers of assets" and "without repayment", which sounds like both interfund reimbursement and interfund exchange.
EL
Elvis
1 year ago
Event viewer seems off for management reporting, but I can't recall if reports are meant to be automated. I feel like I've seen something similar in practice questions though.
DY
Dyan
1 year ago
I remember studying about Medigap in class. TEFRA of 1982 sounds familiar for standardization, but I could be mixed up.
DE
Deane
1 year ago
I vaguely recall that the router ID needs to be unique, so maybe modifying it could help in identifying the routes.
AU
Audrie
2 years ago
Online transaction processing all the way. Transferring money? That's about as OLTP as it gets. Although, I do wonder if the bank's IT team uses OLAP to track suspicious activity. Hmm...
MA
Mattie
2 years ago
This is so easy, it has to be OLTP. What, you think the bank is gonna let you analyze your transactions while you're trying to, like, pay your bills? Nah, man, that's what your monthly statements are for.
JU
Julio
2 years ago
I'm going with D as well. Banking apps are all about handling transactions, not crunching data for reports. Gotta keep that money moving!
PH
Phuong
2 years ago
Definitely D. OLTP is the way to go for real-time transaction processing.
ET
Ettie
2 years ago
Yeah, D makes sense. It's all about processing transactions quickly and efficiently.
TI
Timothy
2 years ago
I'm going with D as well. Banking apps are all about handling transactions, not crunching data for reports. Gotta keep that money moving!
LO
Lorean
2 years ago
D. online transaction processing (OLTP) seems like the obvious choice here. Gotta keep those bank accounts updated in real-time, you know?
LI
Lindy
2 years ago
Agreed, OLTP ensures that transactions are processed in real-time to keep accounts up to date.
LO
Lorean
2 years ago
OLTP is definitely the way to go for banking applications that require immediate updates.
AM
Amira
2 years ago
That's right, OLTP is designed for handling transactions quickly and efficiently.
AL
Alecia
2 years ago
Yes, online transaction processing (OLTP) is the correct choice for real-time updates.
YU
Yuki
2 years ago
Looks like a classic OLTP system to me. Transferring money in and out? That's definitely a transactional operation, not an analytical one.
AL
Alida
2 years ago
Exactly, OLTP is focused on transactional operations like this.
FL
Florinda
2 years ago
Agreed, OLTP is the way to go for transferring money in and out of accounts.
RH
Rhea
2 years ago
Definitely D) online transaction processing (OLTP). It's all about those transactions.
CA
Carol
2 years ago
D) online transaction processing (OLTP)
AN
An
2 years ago
C) online analytical processing (OLAP)
CA
Carmen
2 years ago
B) a data warehouse
EL
Elliot
2 years ago
A) extract transform, and load (ETL)
JE
Jerrod
2 years ago
Yep, OLTP is the way to go for transactional operations.
BR
Brittni
2 years ago
Agreed, OLTP for sure. Quick and efficient.
JO
Joanna
2 years ago
Definitely OLTP. It's all about transactions.
SU
Suzan
2 years ago
D) online transaction processing (OLTP)
HE
Herminia
2 years ago
C) online analytical processing (OLAP)
ST
Stevie
2 years ago
B) a data warehouse
RE
Regenia
2 years ago
A) extract transform, and load (ETL)
DO
Donte
2 years ago
User 2
ED
Eden
2 years ago
User 1
MY
My
2 years ago
That's a good point, but I still think OLTP is the best fit for this scenario.
HY
Hyun
2 years ago
But couldn't it also be extract transform, and load (ETL) since it involves transferring data?
ZI
Zita
2 years ago
I agree with My, because OLTP is used for real-time transaction processing.
MY
My
2 years ago
I think this is an example of online transaction processing (OLTP).