Which of the Following Is Not a Characteristic of a Batch

question 52

Multiple Choice

Which of the following is not a characteristic of a batch processing system?

• A) The collection of similar transactions that are sorted and processed sequentially against a master file.
• B) The input of transactions prior to processing.
• C) The production of numerous printouts.
• D) The posting of a transaction as it occurs to several files without intermediate printouts.

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Definitions:

Competitive Market

A market structure characterized by a large number of buyers and sellers, such that no single participant can significantly influence price.

Marginal Cost

The increase in cost that arises from producing an additional unit of output.

Market Demand

The total quantity of a good or service that all consumers in a market are willing and able to buy at various prices.

Economic Profit

Economic profit is the total revenue of a company after subtracting both the explicit and implicit costs, including opportunity costs, reflecting the true profitability of a business.