Which of the Following Is NOT the Step of the Transaction

question 164

Multiple Choice

Which of the following is NOT the step of the transaction cycle?

• A) Evaluating and accepting expenses
• B) Issuing policies
• C) Billing and collecting premiums
• D) Home office and branch office recordkeeping

---

Definitions:

Sales

The transactions of selling goods or services.

Scatterplot

A type of graph used in statistics to display values for two variables for a set of data.

Histogram

A histogram is a graphical representation used in statistics that shows the frequency distribution of a dataset by using bars of different heights or lengths.

Appliances Store

An appliances store is a retail establishment specializing in the sale of electrical or mechanical devices used in homes for tasks like cooking, cleaning, or food preservation.