Which of the Following Events Cannot Be Quantified into Dollars

question 144

Multiple Choice

Which of the following events cannot be quantified into dollars and cents and recorded as an accounting transaction?

• A) The appointment of a new accounting firm to perform an audit.
• B) The purchase of a new computer.
• C) The sale of store equipment.
• D) Payment of income taxes.

---

Definitions:

Limit Switch

A device used to detect the presence or absence of an object or to determine its position by physically interacting with it, often acting as a safety mechanism.

Tag

In programming and automation, a label or identifier used to name a variable or element within a system.

Logic Continuity

Refers to the consistent and uninterrupted flow of logic in a control system or circuit, ensuring that operations proceed without logical breaks or errors.

Energize

To supply an electrical device or system with power or to activate a circuit, thereby enabling it to operate.