Batch Processing

question 10

Multiple Choice

Batch processing:

• A)Occurs when dissimilar transactions are grouped and processed as a group.
• B)Occurs when similar transactions are grouped together and processed as a group.
• C)Occurs when the transaction is processed as soon as it is entered.
• D)Would not be used for payment to vendor type transactions since they are time sensitive.

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Definitions:

Present Values

The current worth of a future sum of money or stream of cash flows given a specified rate of return, taking into account the time value of money.

Future Value

The worth of a short-term asset at a certain future date, estimated based on a predicted rate of increase.

Interaction Effect

The outcome where the effect of one factor is differentiated across another factor.

Parallel

Entities or processes that are happening simultaneously without intersecting or affecting each other directly.