A transaction is _______________.
A) any exchange of goods
B) any business event that must be captured and recorded
C) an event requiring an exchange of money
D) any business process where an exchange of resources occurs

Question

Quizplus · Accepted Answer

A transaction is any business event that must be captured and recorded. It can include exchanges of goods, services, money, or resources, but the capturing and recording of the transaction is the key aspect. The other options are too narrow and do not encompass all types of business transactions.

A Transaction Is _______________