All of the following are examples of economic events except
A)receiving raw materials from a supplier
B)checking a customer's credit prior to processing a sales order
C)disbursing cash for inventories received
D)shipping product to a customer

Question

Quizplus · Accepted Answer

Checking a customer's credit prior to processing a sales order is a financial event, not an economic event. Economic events involve transactions and exchanges of goods or services (such as receiving raw materials, disbursing cash, or shipping products). Checking credit is related to financial management and risk assessment, but does not involve the exchange of goods or services.

All of the Following Are Examples of Economic Events Except