Which of the Following Events Is Not a Business Transaction

question 215

Multiple Choice

Which of the following events is not a business transaction?

• A) Issuance of stock in exchange for cash.
• B) Hired employees.
• C) Incurred utility expenses for the month.
• D) Earned revenue for services provided.

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Definitions:

Phosphates

salt or ester of phosphoric acid, often used in fertilizers and food additives, and plays a significant role in biochemistry.

Phosphodiester Linkage

The type of bond that joins the sugar and phosphate groups of adjacent nucleotides in DNA and RNA.

DNA Ligase

An enzyme that facilitates the joining of DNA strands together by catalyzing the formation of a phosphodiester bond.

Unidirectional

Moving or operating in a single direction.