The type of transaction most suitable for real-time processing is
A)recording fixed asset purchases
B)recording interest earned on long-term bonds
C)adjusting prepaid insurance
D)recording a sale on account

Question

Quizplus · Accepted Answer

Recording a sale on account involves a direct exchange of goods or services for payment in the future. Real-time processing is ideal for this type of transaction because it allows for immediate verification of the transaction and ensures that the customer's account is updated in real-time. The other options do not necessarily require real-time processing as they do not involve immediate exchanges or payments.

The Type of Transaction Most Suitable for Real-Time Processing Is