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aev [14]
1 year ago
12

True or false: an external transaction is a transaction the firm conducts with a separate economic entity.

Business
1 answer:
mixer [17]1 year ago
7 0

It is true that an external transaction is a transaction the firm conducts with a separate economic entity.

<h3>What are internal and external transactions?</h3>

An internal transaction is any financial activity that occurs within an organization rather than with a third party. Usually, money is exchanged between divisions or between the business and its employees. Even while internal transactions aren't sales like external ones are, they still have an impact on the company's finances.

An external transaction is one that involves a third party from outside the transaction. A company conducts external transactions the majority of the time throughout an accounting period.

The acquisition of goods from a supplier, the payment of cash to a creditor, and the payment of wages to employees are examples of external transactions.

To know more about external transactions visit: brainly.com/question/11867978

#SPJ4

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This wouldn’t by chance have multiple choice options would it?
5 0
3 years ago
""The average daily rate charged by member banks for overnight loans of reserves" best describes the:"
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Answer:

Federal funds rate

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8 0
3 years ago
Diversity initiatives do NOT include
MrRa [10]

Answer:

D. At-will employment

Explanation:

Don't be fooled! At-will employment actually refers to two things:

at-will termination, meaning an employer can fire you for any reason (other than illegal)

and at-will quitting, meaning the employee can quit at any time, for any reason.

An example of this would be a boss firing an employee for wearing a gray shirt to work, which is the boss's least favorite color. It's messed up, but under at-will employment, it can be done. Moments later, another employee leaves without warning or notice, and under the same rule, it can be done.

In contrast with the other options, D has nothing to do with diversity.

8 0
3 years ago
State one effect the great depression had on many Americans?
tatiyna

Answer:

Great Depression

EXPLANATION:

I hope this helps (:

4 0
2 years ago
when a seller advertises an item at an unbelievably low price to lure customers into a store, and then refuses to sell the adver
amm1812

When a seller advertises an item at an unbelievably low price to lure customers into a store, and then refuses to sell the advertised item and instead pushes a similar item with a much higher price and higher margin, the seller is participating in the illegal practice of bait and switch.

When deciding who is the customer, the focus should always be on the people using the product. They are the ones for whom value is being created and the reason why the market and the product exist. This can be a little tricky when a company sells its product as a component of another company's product.

Customers are people who use or need your products/services. The customer-centricity debate wants you to put them at the heart of your work. It makes sense. You'd like to create things that matter and make a difference.

A consumer is any person or group who is the final user of a product or service. Here are some examples: A person who pays a hairdresser to cut and style their hair. A company that buys a printer for company use.

Learn more about customers here brainly.com/question/380037

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6 0
2 years ago
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