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When a Transaction Occurs Between Two or More Organisations or People

question 34

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When a transaction occurs between two or more organisations or people who give and receive something of value, an exchange has taken place.


Definitions:

Diametral Pitch

A measure of the fineness of a gear, computed as the number of teeth per unit diameter.

Formula

An expression or equation that states a rule about a relationship among quantities, often used in mathematics, science, and engineering.

Cam Displacement Diagram

A graphical representation showing the movement of a cam follower over time or rotation of the cam.

Displacement

The distance and direction of an object's movement from its starting point.

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