Certified Anti-Money Laundering Specialist Certification (CAMS) Practice Exam

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What is batch processing in the context of data transactions?

Real-time processing of transactions
Grouping related transactions for simultaneous processing
Manual entry of each transaction
Immediate verification of single transactions

The correct answer is: Grouping related transactions for simultaneous processing

Batch processing refers to the practice of grouping related transactions together and processing them simultaneously, rather than handling each transaction individually in real-time. This method is often used in various systems where efficiency is prioritized, allowing for the processing of large volumes of data at scheduled intervals. In contrast to real-time processing, where each transaction is processed immediately as it occurs, batch processing collects and processes transactions at a later time, which can lead to significant resource savings. This is particularly beneficial for tasks that do not require instant processing. Manual entry of each transaction implies a labor-intensive approach that does not align with the automated nature of batch processing. Immediate verification of single transactions contrasts with the concept of handling multiple transactions at once. Batch processing effectively streamlines operations, reduces system workload during peak times, and can improve overall performance in data handling and transaction processing systems.