Which of the Following Business Events Would NOT Be Recorded

question 85

Multiple Choice

Which of the following business events would NOT be recorded in a company's accounting records?

• A)The company paid a monthly utility bill of $1,000.
• B)The company issued 100 shares of common stock for $75,000.
• C)The company purchased two acres of land for future plant expansion for $600,000.
• D)The company signed a contract to provide services in the next accounting period for $125,000.

Identify the key aspects and benefits of quality control in business operations.

Recognize the principles and benefits of continuous improvement strategies in organizations.

Understand the concept of internal and external customers and their significance in business operations.

Comprehend the role and methodologies of customer relationship management (CRM) in enhancing business performance.

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Definitions:

Memory Consolidation

The process by which initial fragile memory states are transformed into stable, long-term memories.

Intoxicated With Alcohol

Refers to a temporary state resulting from the consumption of alcohol in which cognitive, physical, and emotional faculties are impaired.

REM Sleep

A stage of sleep characterized by rapid eye movements and is associated with dreaming.

Sympathetic Nervous System

The division of the autonomic nervous system that arouses the body, mobilizing its energy.