Operational Efficiencies Can Be Improved by

question 35

Multiple Choice

Operational efficiencies can be improved by

• A) updating accounts both common and unique to many concurrent transactions in real time.
• B) updating accounts both common and unique to many concurrent transactions in batch mode.
• C) updating accounts unique to many concurrent transactions in real time and updating common accounts in batch mode.
• D) None of the above are true statements

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Definitions:

Job Evaluation

A systematic process used to determine the relative worth of jobs within an organization by analyzing their duties, responsibilities, and requirements.

Quantitatively

Pertaining to the measurement or assessment of quantities or amounts, often involving numerical data and statistical methods.

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, often used as an indicator of inflation.

Market Basket

A selected set of goods and services used to track changes in prices, often for the purpose of measuring inflation or the cost of living.