Abstract: In accordance with the invention, a processing system and method are provided which use assembly line procedures and substantially fixed or limited function process elements, as well as total object treatment of all data and elements of the system, so as to provide a system which produces certifiably correct results. All objects have specifications and account entries and are managed by specification identification and by date-time or instance identification for a single member of a particular specification class. All data carry this information as "co-values." According to another aspect of the invention, a processor system and process structure are configured to execute a particular job or process specified in a process network structure or directed graph, and the process continues according to the invention as a direct flow of data between processor elements, without interruption or intervention by control elements, until job completion or the occurrence of some error condition.