An External Transaction Is an Exchange Within an Entity That

question 284

True/False

An external transaction is an exchange within an entity that may or may not affect the accounting equation.

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Definitions:

Biology

Everything that appears in the body and brain, whatever its origin.

Psychology

The scientific study of the human mind and its functions, especially those affecting behavior in a given context.

Society

A community of people living in a particular country or region and having shared customs, laws, and organizations.

Gender Identity

An individual's personal sense of their own gender, which may or may not correspond to the sex they were assigned at birth.