In Recording Accounting Transactions, Evidence That a Transaction Has Taken

question 98

Multiple Choice

In recording accounting transactions, evidence that a transaction has taken place is obtained from

• A)source documents.
• B)the bank.
• C)the public relations department.
• D)the chart of accounts.

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Definitions:

Basic Necessities

fundamental needs required for sustaining human life, including food, water, shelter, and clothing.

Deprived

refers to a lack of the necessary resources, rights, goods or capabilities which are considered normal or sufficient by the society in which an individual, group or area lives.

Human Needs

Fundamental requirements necessary for individuals to live a healthy and fulfilling life, including physiological, safety, love/belonging, esteem, and self-actualization needs.

Culture

A complex blend of values, beliefs, languages, rituals, and traditions that defines the social behavior and norms found in human societies.