Which of the Following Would Not Be Recorded as an Identifiable

question 100

Multiple Choice

Which of the following would not be recorded as an identifiable accounting transaction?

• A)Putting a deposit down on a new vehicle.
• B)Hiring a new employee.
• C)Obtaining a bank loan.
• D)Receiving a deposit from a customer.

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Definitions:

Wizard of Oz

A reference to an experimental prototype testing method where users interact with a system that they believe is autonomous, but is actually being operated or controlled by a human.

Entrepreneur

An individual or a group who creates something new—a new idea, a new item or product, a new institution, a new market, a new set of possibilities.

Manually

Performing a task or operation by hand, without the use of automated systems or technology.

Entrepreneurial Experimentation

The act of trying out new ideas, products, or business models to learn and adapt in an entrepreneurial context, often involving risks.