The "get" event represents an activity which
A) includes a promise to engage in future economic exchanges.
B) increases the organization's stock of an economic resource.
C) reduces the organization's stock of a resource that has economic value.
D) none of the above

Question

Quizplus · Accepted Answer

The "get" event indicates an increase in the organization's stock of an economic resource, which could be through various means such as purchase, acquisition, or production. Option A refers to a promise, which is not an activity, and option C refers to a decrease in resources, which is opposite to the "get" event. Option D refers to an incorrect statement.

The "Get" Event Represents an Activity Which