A realistic expectation an accountant could hold is that each transaction (e.g., cash receipt or cash disbursement) is independent of (not identical to) any other similar transaction.

Question

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Each transaction in accounting is unique and reflects a specific event or action, such as a particular sale, purchase, receipt, or payment, and thus, it is independent of other similar transactions in terms of its details and context.

A Realistic Expectation an Accountant Could Hold Is That Each