There Are Two Modes of Processing Transactions in Accounting Systems

question 1

Multiple Choice

There are two modes of processing transactions in accounting systems.The mode that will record transactions, one at a time, is referred to as:

• A)Batch Processing
• B)Online Processing
• C)Real-Time Processing
• D)Sequential Processing

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Definitions:

Unrealistic Expectations

Expectations that are not grounded in reality, often being too high or idealistic, which can lead to frustration and disappointment.

Old Career Paradigm

A traditional view of careers where individuals aimed to climb the corporate ladder within a single organization over many years.

Corporate Allegiance

The loyalty and commitment an employee feels towards their company or workplace, often influenced by the organization's values, culture, and treatment of its staff.

Work Group

A collection of individuals who collaborate to achieve a common goal within a professional setting.