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  3. Study Set
    Financial Accounting Study Set 10
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    Exam 2: Transaction Analysis
  5. Question
    Any Event That Has a Financial Impact on the Business
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Any Event That Has a Financial Impact on the Business

Question 62

Question 62

Multiple Choice

Any event that has a financial impact on the business and can be measured reliably is a(n) :


A) expense.
B) transaction.
C) asset.
D) journal.

Correct Answer:

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