Which best describes a batch process General Ledger System (GLS)
A) paper documents are eliminated
B) the general ledger master file is updated each night
C) there is a time lag between transaction processing and posting to the general ledger
D) no direct access or querying of the General Ledger is possible

Question

Quizplus · Accepted Answer

A batch process General Ledger System (GLS) updates the general ledger master file each night after transaction processing. Therefore, there is a time lag or delay between the transaction processing and posting to the general ledger. Additionally, depending on the system, direct access to or querying of the General Ledger may not be possible or may require a separate reporting tool. While paper documents may be eliminated as part of the system, this is not a defining characteristic of a batch process GLS.

Which Best Describes a Batch Process General Ledger System (GLS)