Which of the Following Business Events May Not Be Recorded

question 87

Multiple Choice

Which of the following business events may not be recorded in a company's general ledger?

• A) The company paid each of its employees a Christmas bonus.
• B) The company issued 100 shares of common stock.
• C) The company purchased two acres of land for future plant expansion.
• D) A lawsuit has been filed by one of the company's customers (against the company).

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Definitions:

Thin Client

A computer that relies on a server for processing power and provides a user interface for applications running on the server.

Full Functionality

The complete range or all features and capabilities that a software, device, or system intentionally provides to its users.

PC

Personal Computer, a digital device designed for individual use, commonly used for tasks like browsing the internet, word processing, and gaming.

Input Technologies

Technologies that enable the entry of data into a computer system, such as keyboards, scanners, and voice recognition systems.