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    Fundamental Accounting Principles Study Set 7
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    Exam 1: Accounting in Business
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    Something of Value, Such as Products, Services and Money, Is
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Something of Value, Such as Products, Services and Money, Is

Question 117

Question 117

Multiple Choice

Something of value, such as products, services and money, is called a(n)


A) Accounting equation.
B) Business transaction.
C) Source document.
D) Economic consideration.
E) Business event.

Correct Answer:

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