External events do not include
A)interaction between an entity and its environment.
B)a change in the price of a good or service that an entity buys or sells, a flood or earthquake.
C)improvement in technology by a competitor.
D)using buildings and machinery in operations.

Question

Quizplus · Accepted Answer

Using buildings and machinery in operations is an internal event, as it is related to the entity's own assets and resources. The other options listed are examples of external events, which are events that occur outside of the entity and can have an impact on its operations and performance.

External Events Do Not Include