Multiple Choice
Which of the following does not correctly describe business transactions or events?
A) They include exchanges of assets or services by one business for assets,services,or promises to pay from another business.
B) They include the using up of insurance paid for in advance.
C) They have an economic impact on a business entity.
D) They do not include measurable internal events such as the use of assets in operations.
Correct Answer:
Verified
Correct Answer:
Verified
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