Which Type of Event Would Include Annual Meetings, Sales Meetings

question 38

Multiple Choice

Which type of event would include annual meetings, sales meetings, workshops, training meetings and an awards ceremony?

• A)Charity or fundraising event
• B)Social event
• C)Association event
• D)Corporate event

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Definitions:

Reconciling Columns

Reconciling columns involves comparing two sets of related data or financial records to ensure consistency and accuracy between them.

Income Statement Accounts

Accounts that reflect the income, expenses, gains, and losses of a business over a period of time.

IFRS

International Financial Reporting Standards, a set of global accounting guidelines that provide a common language for business affairs so that company accounts are understandable and comparable across international boundaries.

Direct Method

In cash flow reporting, a method that lists the major categories of gross cash receipts and gross cash payments.