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Batch processing arises when similar transactions are accumulated over time and processed mutually. Real time processing captures every event or processes and transaction it before engaging in another transaction. If transactions are independent of one another, such as the processing of daily cash receipts, then batch processing is suitable. If transactions are dependent on one another, such as ticket sales, credit sales, etc., then real time processing is more suitable.

Time lag is one characteristic used to differentiate between batch and real-time systems. Describe. Provide an example of when each is a realistic choice.

Resource use is one characteristic used to differentiate between batch and real-time systems. Describe.

Show how batch processing can be used to improve operational efficiency.

If an organization processes large numbers of transactions that use ordinary data records, what kind of system would work best (all else being equal)?

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M9133936

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