An Example of an Explicit Transaction Is ________

question 31

Multiple Choice

An example of an explicit transaction is ________.

• A) recording depreciation expense
• B) paying cash for three months' rent in advance
• C) accruing wages expense at the end of the month
• D) accruing interest expense at the end of the year

---

Definitions:

Infrastructure

The fundamental physical and organizational structures and facilities needed for the operation of a society or enterprise.

Population Density

The measure of the number of people living per unit of area, commonly expressed as people per square kilometer or square mile.

Central City

The core or downtown area of a city where there is a concentration of business, entertainment, and government activities.

Crowded

Describes a condition or area characterized by being densely filled with people or objects, often leading to discomfort or restricted movement.