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Discuss How Batch Totals Are Prepared and Used

question 117

Essay

Discuss how batch totals are prepared and used.Explain how the use of batch totals and data transfer logs helps to establish segregation of duties between user departments and the data processing department.


Definitions:

Legal Barriers

Restrictions imposed by law that limit the entry of new firms into an industry or protect existing firms from competition.

Predatory Pricing

A pricing strategy where a company sets prices below cost to eliminate competition and establish a monopoly over time.

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, resulting in a reduced cost per unit.

Legal Barriers

Restrictions or regulations established by law that limit entry or operation in certain markets or industries.

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