The First Step in a Batch-Processing Environment Using Sequential File

question 73

Multiple Choice

The first step in a batch-processing environment using sequential file updating is

• A) preparing general ledger reports.
• B) updating the master file.
• C) preparing the transaction file.
• D) updating the general ledger.

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Definitions:

Confidence

The degree of certainty or belief in a certain outcome, often used in the context of statistical confidence levels.

Standard Deviation

A statistic that quantifies the dispersion or variability of a set of data points around the mean.

Confidence Interval

An estimate expressed as an interval of values used to estimate a population parameter, indicating the reliability of the estimate.

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter, with a certain level of confidence.