The Dual Effects Concept Implies That Every Transaction Has at Least

question 30

True/False

The dual effects concept implies that every transaction has at least two effects on the accounting equation.

---

Definitions:

Form

A structured document with spaces in which to write or select, for a series of documents with similar contents.

Channel

The medium through which a message is transmitted from sender to receiver, such as spoken word, writing, or digital communication.

Outperform

To do better than others or exceed expectations in a particular task or performance metric.

Mobile Communication

The transmission of information over a distance without the need for wires, cables, or fixed installations, typically through mobile devices.