(b) A microfinance company intends to computerize its operations. Outline five computer devices that the company requires to relay the output from computer transactions(5marks)November 2022

1. Desktop computers: These computers will be used by employees of the microfinance company to perform various tasks such as data entry, record keeping, and financial transactions.
2. Servers: Servers are necessary for the company to store and manage large amounts of data, and to provide access to the data for employees and customers.
3. Network devices: Network devices such as routers, switches, and modems are necessary to connect the company’s computer devices to the internet and to each other, allowing employees to access the data and resources they need to perform their tasks.
4. Point of Sale (POS) terminals: Microfinance companies handle financial transactions and POS terminals can be used to process these transactions.
5. Mobile devices: For field workers of the microfinance company, mobile devices such as smartphones or tablets can be used to access the company’s systems and perform tasks while out of the office. This can include collecting data, processing transactions, and communicating with customers.

Note: The above list of devices are the basic requirement for a microfinance company to computerize its operations. Depending on the size and complexity of the company, additional devices and software may be required.