An approach that enters and processes data into the accounting system as soon as source documents are available is called:
A)Date storage.
B)Batch processing.
C)Online processing.
D)Computer programming.
E)Web communications.

Question

Quizplus · Accepted Answer

Online processing is a real-time approach where data is entered and immediately processed into the accounting system as soon as source documents are available, without waiting for a batch of transactions to accumulate. This avoids delays and ensures timely and accurate financial information for decision-making. Date storage, computer programming, and web communications are not relevant to this approach. Batch processing involves waiting for a group of transactions to accumulate before processing them together.

An Approach That Enters and Processes Data into the Accounting