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The finance department is evaluating two accounts receivable transaction processing systems. System A provides for batch processing twice weekly. System B provides online real-time processing. Which of the following requirements is most important in determining whether to adopt system A or system B?

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Answer:

If both systems have a similar cost, the company should implement service B which provides online real-time processing since that way both the customers and the company will have immediate information regarding account balances. Real-time information is always better than weekly or monthly updates.

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