Data About Which of the Following Facets of a Business

question 5

Multiple Choice

Data about which of the following facets of a business activity is most likely to be recorded in a transaction file?

• A)business activity
• B)resources affected by the business activity
• C)people who participate in the business activity
• D)place the business activity occurs

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Definitions:

Surveying

The technique, profession, and science of determining the terrestrial or three-dimensional positions of points and the distances and angles between them.

Earned Income

Revenue generated from the sale of goods and services, as opposed to donations or grants.

Revenue

The total income generated by a company from its activities, before any expenses are subtracted.

Nonprofit-Corporate Relationship

The dynamics and partnerships between nonprofit organizations and for-profit companies, often focused on achieving mutual benefits or goals.