Final answer:
An Online Transaction Entry (OLTE) system merges the sub processes of business event occurrences and recording of business event data to facilitate real-time tracking and management of business transactions.
Step-by-step explanation:
The question pertains to an Online Transaction Entry (OLTE) system, which is a type of software system widely used in the field of accounting and business. The OLTE system integrates various sub-processes to streamline business operations. The correct answer to the question is A. business event occurrences and record business event data. This means that the OLTE system combines the sub-processes where an event occurs—like a sale or a purchase—with the immediate recording of that event's data into the system's database. This integration helps in real-time tracking and management of business transactions.