Which One of the Following Events Is an Operating Transaction

question 62

Multiple Choice

Which one of the following events is an operating transaction?

• A) Payment of office supplies
• B) Change in depreciation accounting principle
• C) Purchase of another company for stock
• D) Disposal of a business segment

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Definitions:

Soap And Water

Soap and water are basic cleaning agents used for handwashing to remove dirt, germs, and other contaminants.

Socioemotional Development

The evolution of an individual's capacity to experience, express, and manage emotions and to establish meaningful social relationships.

Erikson's Theory

A theory of psychosocial development identifying eight stages through which a healthily developing human should pass from infancy to late adulthood.

Adolescence

A transitional stage of physical and psychological development that generally occurs during the period from puberty to legal adulthood.