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A business event which can be measured in terms of money and must be recorded in books of accounts is called:

<p>Select correct option:</p> <p> A)Condition</p> <p> B)Transaction</p> <p> C)Information</p> <p> D)Record</p>

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Question added by Kamran Anjum , Head of Internal Audit , Rafhan Maize Products Company limited, Faisalabad, Pakistan, Ingredion Incorporated Gmbh
Date Posted: 2014/10/02
Wajahat Riaz CPA
by Wajahat Riaz CPA , FRACTIONAL Chief Financial Officer , OBOX ACCOUNTING

B

Muhammad Waqas Hussain
by Muhammad Waqas Hussain , Sales Executive (Food Ingredients,Feed ,Agri Fertilizer, Water Treatment Chemicals) , Gulf Hygiene Co.Ltd

b.

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

 

A business event which can be measured in terms of money and must be recorded in books of accounts is called:

Transaction

Abdallah Abu Zeyad CMA
by Abdallah Abu Zeyad CMA , Finance Account Manager , Toyota - Abdul Latif Jameel Motors - KSA

B) Transaction, Correct answer 

Muhammad Hassaun
by Muhammad Hassaun , Shared Services Lead , M&P Express Logistics (Pvt.) Ltd.

B)- Transaction

Maria Galben
by Maria Galben , Finance Manager , Al Sanawbar Private School

B

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

This is called  a Transaction. 

Malik Khalid Mahmood
by Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

A Transaction or Business Activity

Ahmed Abd Alwahab Awad Ibrahim
by Ahmed Abd Alwahab Awad Ibrahim , Chief Accounting , ICCDP

Answer is option #

 B)Transaction

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