Which of the Following Events (Transactions) Is an Internal Event

question 127

Multiple Choice

Which of the following events (transactions) is an internal event for a business entity?

• A) An accountant provides services for clients.
• B) An accountant purchases computer equipment to maintain business records and prepare legal documents.
• C) An accountant receives cash payments from clients for services performed.
• D) Periodically, part of the cost of the computer equipment used by an accountant is assigned to depreciation expenses.

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Definitions:

Functioning Cones

Photoreceptor cells in the retina of the eye responsible for color vision and function best in relatively bright light.

Black and White

Often used to describe situations that are viewed in terms of two clear, opposing positions or choices, with no gray areas in between.

Dim Light

A lighting condition characterized by a low level of illumination, often creating a subdued or intimate atmosphere.

Receptor Eye

Specialized cells located in the eye that convert light into neurotransmitters to produce visual images. This term is not exactly standard, and a more accurate phrase might be "photoreceptor cells in the eye."