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    Fundamental Accounting Principles Study Set 2
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    Exam 1: Accounting in Business
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    A Business Activity That Does Not Involve an Exchange of Economic
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A Business Activity That Does Not Involve an Exchange of Economic

Question 46

Question 46

Multiple Choice

A business activity that does not involve an exchange of economic consideration between two parties is called a(n) :


A) Withdrawal.
B) Account receivable.
C) Business transaction.
D) Business event.
E) Equity transaction.

Correct Answer:

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