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

---

Definitions:

Invoice

A document issued by a seller to a buyer, detailing a transaction and requesting payment.

Non-sufficient Funds

A situation where a bank account does not have enough money to cover a transaction, often resulting in a fee.

Uncollectible Account

An account receivable that is deemed unrecoverable from a debtor, often written off as a bad debt by the company.

Purchases Journal

A specialized accounting journal used to record all purchase transactions, typically for inventory or supplies.