A Business Activity That Does Not Involve an Exchange of Economic

question 31

Multiple Choice

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

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

---

Definitions:

On-the-job Training

Instruction and training provided to employees at their workplace, emphasizing practical skills and knowledge for their specific job roles.

Analytic Intelligence

One’s ability to analyze, evaluate, judge, compare, and contrast information.

Intrinsically Important

Valued for its own sake or essence, rather than for its utility in achieving something else.

Abstract Thinking

The ability to consider concepts, possibilities, and ideas that are not immediately visible, tangible, or concrete.