Final answer:
Transaction-processing applications are computer programs that process and manage individual transactions in real-time. They are commonly used in industries such as banking, retail, and e-commerce. Examples include online banking systems, inventory management systems, and airline reservation systems.
Step-by-step explanation:
Transaction-processing applications are computer programs that are designed to process and manage individual transactions in real-time.
These applications are commonly used in industries such as banking, retail, and e-commerce, where there is a need to handle large volumes of transactions quickly and accurately.
Examples of transaction-processing applications include online banking systems, inventory management systems, and airline reservation systems.