In the financing process, which type of event indicates the enterprise and an external partner have reached an agreement?
A) Instigation
B) Mutual Commitment
C) Economic Increment
D) Economic Decrement
E) Economic Reversal

Question

Quizplus · Accepted Answer

A mutual commitment event indicates that the enterprise and an external partner have reached an agreement, typically involving a contract or formal agreement.

In the Financing Process, Which Type of Event Indicates the Enterprise