Which of the Following Business Functions Is Not Considered to Be

question 73

Multiple Choice

Which of the following business functions is not considered to be part of the acquisitions class of transactions?

• A)Processing purchase orders
• B)Recognizing liabilities
• C)Receiving goods and services
• D)Processing cash disbursements

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Definitions:

Exposed Rocks

Rocks that are visible on the Earth's surface without being covered by soil, vegetation, or other materials.

Accreted Terranes

Pieces of the Earth's crust that have been added to a continent due to plate tectonic forces.

Sedimentary Rocks

Rocks created through the gathering or depositing of organic or mineral particles on the Earth's surface, which are then compacted and cemented together.

Volcanic Rocks

Igneous rocks that form from the cooling and solidification of magma or lava at the surface of the earth or within its atmosphere.