Describe data processing in accounting by selecting the correct statements below. $($Check all that apply.$)$

Multiple select question.

A disadvantage of online processing is timeliness.

Batch processing accumulates source documents for a period of time and then processes them all at once.

An advantage of online processing is timeliness.

Accounting systems differ with regard to how input is entered and processed.

Online processing enters and processes data as soon as source documents are available.

An advantage of batch processing is the lack of updated databases for management to use when making decisions.