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

---

Definitions:

Postponement

A strategy that involves delaying production or shipment processes to closer match demand, enhancing flexibility and reducing inventory costs.

Profits Increase

The rise in net earnings resulting from operations and business activities.

Unpredictable Demand

Variability in customer demand patterns that cannot be accurately forecasted, posing challenges for inventory management and planning.

Not Positively Correlated

Refers to a statistical relationship between two variables where one variable does not necessarily increase as the other increases or decreases as the other decreases.