There are two modes of processing transactions in accounting systems.The mode that requires all similar transactions be grouped together and be processed at the same time, is referred to as:
A)Batch Processing
B)Online Processing
C)Real-time Processing
D)Sequential Processing

Question

Quizplus · Accepted Answer

Batch processing requires all similar transactions to be grouped together and processed at the same time, typically at the end of a day or week. This allows for efficient processing and can save time and resources compared to processing each transaction individually. Online processing and real-time processing involve immediate processing of transactions as they occur, while sequential processing refers to processing transactions in a specific order.

There Are Two Modes of Processing Transactions in Accounting Systems