Final answer:
Batch processing is erroneously described as continuous; it is the execution of transactions in a group, which is not continuous. Continuous production, not batch processing, is the method that creates homogeneous products through uninterrupted standard procedures.
Step-by-step explanation:
The statement that batch processing creates a homogeneous product through a continuous series of standard procedures is false. Batch processing is, in fact, the processing of transactions in a group or batch. No new transactions are added to the batch while it is being processed. The key characteristic of batch processing is that it does not require continuous operation; it is not a continuous series but rather discrete or isolated processing periods.
Contrastingly, continuous production involves a continuous flow and is more aligned with creating a homogeneous product through a series of standard procedures. Batch production is more common in scenarios where similar products are produced together, while continuous production is used for high-demand, homogeneous products where the process is constant and uninterrupted.