Processing More Transactions at a Lower Unit Cost Makes Batch

question 22

True/False

Processing more transactions at a lower unit cost makes batch processing more efficient than real-time systems.

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Definitions:

Owner Drawings

Refers to the money or assets taken out of a business by the owner(s) for personal use.

Net Income

The profit or loss of a business after all expenses, taxes, and costs have been subtracted from total revenue.

Expenses

Costs incurred by a business in the process of earning revenues.

Internal Users

Individuals within an organization who use financial information to make decisions, including management and employees.