What type of processing accumulates transaction into groups and processes them at regular intervals?

 

What type of processing accumulates transaction into groups and processes them at regular intervals?

Real-time

Journal

Batch

Group

 

The correct answer is "Batch."

 

Batch processing is a method of processing transactions where transactions are accumulated into groups and then processed at regular intervals. The processing of the transactions in the batch is done all at once, rather than individually in real-time. This is often used for tasks such as payroll processing, where it is more efficient to process all employee paychecks at once rather than individually.

 

Real-time processing, on the other hand, processes transactions as they occur, without any delay. This is often used in applications such as online transactions, where delays in processing can lead to issues with customer satisfaction.

 

A journal is a record of financial transactions that shows the debit and credit balances in each account. It is used in accounting to keep track of financial transactions.

 

"Group" is not a type of processing in the context of this question.