Which of the Following Would Be Recognised as a Transaction

question 30

Multiple Choice

Which of the following would be recognised as a transaction on credit?

• A) Payment of salaries.
• B) Depreciation of motor vehicle.
• C) Owner drawings.
• D) Purchasing inventory on account.

---

Definitions:

Fight-or-flight Response

A physiological reaction to perceived harm or threat, mobilizing the body for fighting or fleeing.

Social Evolution

The gradual development and progression of societies and cultures over time through mechanisms such as adaptation, selection, and innovation.

Biological Evolution

The process through which species of organisms undergo changes over time through genetic variation and natural selection.

Physiological Response

A natural, automatic bodily reaction to stimuli, which can include changes in heart rate, hormone levels, or muscle tension.