The Processing System Where Transactions Are Processed Immediately and Where

question 24

Multiple Choice

The processing system where transactions are processed immediately and where output is available immediately is referred to as:

• A)Real-time processing
• B)Online processing
• C)Batch processing
• D)Sequential processing

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Definitions:

Defenses To Payment

Legal arguments or claims that can be used by a debtor to avoid making a payment they are otherwise obligated to.

Assignment

The transfer of rights, property, or obligations from one party to another.

Negotiation

The process of discussing something formally to reach an agreement or compromise between parties.

Fraudulent

Fraudulent activities involve deceit or trickery, intentionally carried out for personal gain or to cause financial or personal harm to others.