Rice, Condoleezza (1954- ) Condoleezza Rice has earned distinction as a scholar, expert on international politics, and with her appointments as the first African American woman National Security Advisor and Secretary of State of the United States.
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Lesson Summary. A transaction processing system, or TPS, is a system to capture and process the detailed information necessary to update data on the fundamental operations of an organization. Transactions are single events that change something, such as customer orders, receipts, invoices, payments, etc.ll of these events are referred to as transactions, and keeping track of them requires a transaction processing system. A transaction processing system, or TPS, is a system to capture and process the detailed information necessary to update data on the fundamental operations of an organization.