Which Statement Best Describes Parallel Processing

question 57

Multiple Choice

Which statement best describes parallel processing?

• A) Units must pass sequentially through a process.
• B) Units that are not processed in the correct sequence are discarded.
• C) Units must pass through one process before they can be worked on in later processes.
• D) Subcomponents can be worked on simultaneously in different processes and then brought together in a final process for completion.

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Definitions:

Outstanding Checks

Checks that have been written and recorded in the account ledger but not yet cleared or cashed by the bank.

EFT Deposit

An electronic funds transfer deposit, which represents the digital transfer of money into a bank account.

Petty Cash Fund

is a small amount of cash kept on hand by a business for making immediate and minor payments, reducing the need for check transactions.

Journalize

The process of recording business transactions in a journal, the first step in the accounting cycle.