Question

Mill Company uses a batch processing method to process its sales transactions. Data on Mill's sales transaction tapes are electronically sorted by customer number and are subjected to programmed edit checks in preparing its invoices, sales journals, and updated customer account balances. One of the direct outputs of the creation of these tapes most likely would be a ________?

1) report showing exceptions and control totals.
2) printout of the updated inventory records.
3) report showing overdue accounts receivable.
4) printout of the sales price master file.

Answer 1

The likely output of a batch processing for sales transactions would be a report detailing exceptions and control totals, providing verification of accurate data processing.

Step-by-step explanation:

One of the direct outputs of the creation of transaction tapes in Mill Company's batch processing method would most likely be a report showing exceptions and control totals. This report would typically include a list of transactions that failed the programmed edit checks, along with summaries of the data processed. These summaries, or control totals, could be used as a way to verify that the batch was processed correctly, adding an additional layer of internal control to ensure the accuracy of invoices, sales journals, and customer account balances.