Which of the following is NOT a nonfinancial business event that can be captured through the conversion processes in the information system?

Question

Quizplus · Accepted Answer

Delivering goods is considered a financial business event because it often involves the exchange of goods for payment, impacting the financial position of the business. The other options (designing a product, production planning, and packaging a product) are nonfinancial events that relate to the conversion processes within an information system, focusing on the transformation of inputs into outputs without directly involving financial transactions.

Which of the Following Is NOT a Nonfinancial Business Event