The transaction cycle approach leads to efficient processing of a large number of transactions because
A) transaction cycles are easier to computerize.
B) a large number of transactions within a given cycle can be categorized into a relatively small number of distinct types.
C) the transaction cycle approach represents the natural order of business.
D) transaction cycles are easy to understand.

Question

Quizplus · Accepted Answer

The transaction cycle approach groups together similar types of transactions, allowing for more efficient processing of a large number of transactions. By categorizing transactions into a relatively small number of distinct types within a given cycle, the overall transaction processing can be streamlined and automated.

The Transaction Cycle Approach Leads to Efficient Processing of a Large