A Type of Online Processing Where a Transaction Is Processed

question 42

Multiple Choice

A type of online processing where a transaction is processed immediately so that the output is available immediately is termed:

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

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Definitions:

Merchandise

Goods that are bought and sold in the course of business.

State Sales Tax Department

The department within state government responsible for administering the collection and management of sales tax, including regulation enforcement and taxpayer assistance.

Perpetual Inventory

A system of inventory management where updates are made continuously as inventory items are bought and sold.

Defective Merchandise

Defective merchandise refers to products that are damaged or fail to meet quality standards or specifications at the time of sale.