Which of the Following Does Not Correctly Describe a Business

question 116

Multiple Choice

Which of the following does not correctly describe a business transaction?

• A)They include exchanges of assets or services by one business for assets, services, or liabilities from another business.
• B)They include the using up of insurance paid for in advance.
• C)They have an economic impact on a business entity.
• D)They do not include measurable internal events such as the use of assets in operations.

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Definitions:

Ngo Dinh Diem's

Refers to the policies and leadership of Ngo Dinh Diem, the first President of South Vietnam, whose authoritarian regime was marked by nepotism, corruption, and a strong anti-communist stance leading to widespread opposition and his eventual assassination in 1963.

Montgomery Bus Boycott

A significant event in the Civil Rights Movement where African Americans in Montgomery, Alabama, boycotted city buses from 1955 to 1956 to protest segregated seating.

Jo Ann Robinson

An American civil rights activist and educator best known for her role in the Montgomery Bus Boycott of 1955.

Middle-Class Norms

Social expectations and behaviors typically associated with the middle class, including values related to education, occupation, and lifestyle.