An Approach That Enters and Processes Data as Soon as Source

question 85

Multiple Choice

An approach that enters and processes data as soon as source documents are available is called:

• A) Date storage.
• B) Batch processing.
• C) Online processing.
• D) Computer programming
• E) Web communications.

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Definitions:

Economist

A professional who studies economic theories, models, and principles to analyze how societies use resources and distribute goods and services.

Production Process

The series of steps involved in the creation of a product or service, from the input of raw materials to the final output.

Factors Of Production

The inputs used in the production of goods or services to make an economic profit, including land, labor, capital, and entrepreneurship.

Productivity

The measure of how efficiently goods and services are produced, often quantified as output per unit of input.