Final answer:
The likely direct output of Mill Company's batch processing system for sales transactions would be a report showing exceptions and control totals. This report helps ensure accuracy before finalizing invoices and account balances.
Step-by-step explanation:
The direct outputs of a batch processing system used by Mill Company to process sales transactions, after sorting by customer number and performing programmed edit checks, would most likely be a report showing exceptions and control totals. This report would highlight any transactions that failed the edit checks and would typically include control totals that serve as a preliminary check on the accuracy and completeness of the processed transactions. In a batch processing system dealing with sales data, such a report is crucial for ensuring that the processed transactions align with the company's transaction policies and can be reviewed quickly for discrepancies before the invoices, sales journals, and customer account balances are updated.Another likely output, although not the main answer, could be a report showing overdue accounts receivable as it provides actionable information regarding collections. However, a printout of the updated inventory records or a printout of the sales price master file would not be directly related to the processing of sales transaction data in the context described. The inventory records may be affected by sales transactions, but updating them is not a direct result of the batch processing of sales data. Similarly, the sales price master file is used to set the prices for invoicing and is likely updated separately from processing individual sales transactions.