The data processing method that can shorten the cash cycle is
A)batch, sequential file processing
B)batch, direct access file processing
C)real-time file processing
D)none of the above

Question

Quizplus · Accepted Answer

Real-time file processing is the best choice for shortening the cash cycle as it allows for immediate updating and access to data. This means financial transactions can be processed as they happen, reducing the time between receiving and processing payments. Batch processing methods, on the other hand, require data to be collected and processed in batches at regular intervals, leading to delays in processing and longer cash cycles.

The Data Processing Method That Can Shorten the Cash Cycle