Transaction_ID Would Be Considered to Be __________

question 39

Multiple Choice

Transaction_ID would be considered to be __________.

• A) ratio data
• B) categorical data
• C) ranked data
• D) ordinal data

---

Definitions:

Debit

A bookkeeping record that raises the value of an asset or expense, or reduces the value of a liability or equity.

Expense Account

An account used to record expenditures incurred by a company, relating to its operational activities.

Supplies

Items used in the day-to-day operations of a business, typically consumable in nature, such as office supplies, cleaning materials, and manufacturing components.

Accounts Payable

Accounts payable are liabilities of a business that represent its obligations to pay off a short-term debt to its creditors or suppliers.