Which of the Following Is NOT an Example of an Accounting

question 37

Multiple Choice

Which of the following is NOT an example of an accounting transaction?

• A) A salesman disappears with a company vehicle and merchandise.
• B) The bank charges interest on a loan.
• C) A customer settles an account by undertaking delivery work for the business.
• D) A purchase order for inventory from a supplier is sent.

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Definitions:

Hours Worked

Hours worked refer to the total number of hours spent by an individual or aggregate workforce in performing their job duties within a specific period.

Eggplants

Edible fruits (commonly considered vegetables in culinary contexts) from the nightshade family, known for their glossy purple skin and meaty texture.

Consumption

The use of goods and services by households or individuals, typically considered a primary economic activity alongside saving and investing.

Price Change

The difference in the cost of an asset or product over a period, which can increase or decrease.