Which of the following statements about posting, or updating, is correct?
A) Real-time posting updates the appropriate master files immediately upon entry of transaction data in the system.
B) Batch posting updates the appropriate master files immediately upon entry of transaction data into the system.
C) Batch posting has advantages in situations in which data must be current.
D) In a real-time posting, the transaction data are accumulated in a transaction file until the end of the accounting period.

Question

Quizplus · Accepted Answer

Real-time posting updates the appropriate master files immediately upon entry of transaction data in the system. Batch posting, on the other hand, accumulates transaction data in a batch and updates the master files periodically rather than immediately. Real-time posting is advantageous for situations where data must be current, such as inventory management, while batch posting is often used for processing large volumes of data to reduce processing time and costs.

Which of the Following Statements About Posting, or Updating, Is