Information Technology

Question 1

What are the advantages of a Real- Time system?

Answer 1

Real- Time System advantages

1. Accounting records up to date
2. More accurate timing of shipments.
3. More accurate level of inventories.
4. Reduce Inventory Holding Costs
5. Increases revenue/ cost savings that more than offset the cost of conversion.

Question 2

What are the advantages of a Batch system?

Answer 2

Batch System Advantages

1. Timeliness not a major factor
2. Records only up to date at time of processing
3. Less accurate than a real time system