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Pool 2 1. There is a different between batch and real-time processing. Batch processing assemble transactions into groups for processing while Real-time processing systems process individual transactions continuously as they occur. Batch processing requires less resources while real-time processing requires more resources to process. Batch processing has lag time between when the economic event occurs and when it is recorded while real-time processing has no time lag. Certain records from batch processing are processed after the event to avoid operational delays while all records from real-time processing are processed immediately pertaining to the event. 2. Auditors use flowcharts because they wanted to verify the correctness of program logic by comparing flowcharts to actual program code to determine whether the program is following what the documentation describes.