There Are Two Modes of Processing Transactions in Accounting Systems

question 64

Multiple Choice

There are two modes of processing transactions in accounting systems.The mode that requires all similar transactions be grouped together and be processed at the same time, is referred to as:

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

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Definitions:

Reasonable Accommodation

Attempt by employers to adjust the working conditions or schedules of employees with disabilities or religious preferences

Pay Equity

The principle of providing equal pay for work of equal value, aiming to eliminate gender and other discriminatory pay gaps.

Employment Equity

Policies and practices aimed at leveling the employment field for minorities, women, and disadvantaged groups by ensuring equal opportunities, eliminating barriers.

Employment Equity Legislation

Laws that aim to eliminate discrimination and achieve equality in the workplace by encouraging the employment of underrepresented groups.