Which of the following best defines Batch Processing?

Batch processing refers to a method in which transactions are accumulated over a period of time and processed together as a single unit, rather than being processed individually in real-time. This approach is particularly efficient for handling large volumes of transactions, as it allows for the optimization of resources and the minimization of processing costs. In many cases, batch processing is used for tasks such as payroll, billing, and other repetitive tasks where immediate processing is not necessary.

By grouping transactions together, batch processing can streamline operations, as it typically involves fewer steps and reduced interaction with system interfaces. This characteristic makes it distinctly different from real-time processing, where each transaction is processed immediately upon receipt. The focus on accumulating transactions for efficient processing highlights the essence of batch processing, making this definition the most accurate choice.