Compare Batch Versus Real-Time Posting

question 23

Essay

Compare batch versus real-time posting. List one advantages of real-time posting and one advantage of batch posting. List 1 disadvantage of real-time posting and 1 disadvantage of batch posting. Indicate an area where real-time posting would be advantageous.

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Definitions:

Pension Rights

Legal entitlements related to retirement benefits, including eligibility, amounts, and conditions for receiving pension.

Portable

Often used to describe technology or skills that can be easily transferred or utilized in different contexts or locations.

Flexible Benefit Programs

Employee benefit plans that allow individuals to choose from a range of options to create a benefits package tailored to their own needs and circumstances.

Administrative Costs

Expenses incurred by an organization that are not directly tied to a specific business function such as manufacturing, production, or sales. These can include salaries of senior executives, office supplies, and utilities.