Which of the following is a business event that is considered a recordable transaction?
A) A company hires a new employee.
B) A customer purchases merchandise.
C) A customer inquires about the availability of a product.
D) The purchasing department sends a purchase order to the supplier.

Question

Quizplus · Accepted Answer

A customer purchasing merchandise is a business event that results in a recordable transaction as it involves the exchange of goods for payment. Hiring a new employee, a customer inquiry, and sending a purchase order are not recordable transactions in themselves.

Which of the Following Is a Business Event That Is