A transaction is a business event that does NOT have an impact on the finances of a company.

Name: A transaction is a business event that does NOT have an impact on the finances of a company.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A transaction is a business event that does have an impact on the finances of a company. It usually involves the exchange of goods, services, or money, and affects the company's assets, liabilities, equity, revenue, or expenses.

A Transaction Is a Business Event That Does NOT Have