Which of the Following Is NOT an Accounting Transaction

question 40

Multiple Choice

Which of the following is NOT an accounting transaction?

• A) A payment is made by cheque to Telstra.
• B) The company is awarded a contract to build a bridge,with construction to commence in 12 months' time.
• C) A creditor charges interest for late payment.
• D) The payroll department issues a cheque to pay an employee.

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Definitions:

Logic Represented

The symbolic depiction of logical operations and relationships, typically used in the development and analysis of algorithms, circuits, and programming.

Boolean Equation

A mathematical expression that involves Boolean algebra and uses binary variables and logical operations, commonly used in computer science and digital electronics.

Ladder Diagram

a graphical representation used in programming PLCs that emulates the structure of electrical relay logic to control processes.

Logic Represented

Describes how logical states or operations are symbolized or implemented in programming or circuit design.