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Ivahew [28]
1 year ago
8

A transaction? a. must maintain internal consistency at all times b. can be partially executed if aborted c. can communicate wit

h other transactions d. is made up of reads and writes
Business
1 answer:
Daniel [21]1 year ago
5 0

A correct option is an option (b),i.e., can be partially executed if aborted.

What is a transaction?

An agreement that has been fulfilled between a buyer and a seller to trade goods, services, or financial assets in exchange for cash is referred to as a transaction. In corporate accounting, the phrase is also frequently used.

Why is a business transaction important?

Business transactions are becoming more and more important because they provide an abstract view of the interactions that occur among organizations to achieve a commercial goal.

What is the nature of the business transaction?

A business transaction is an activity that can be quantified objectively that involves the exchange of money, products, or services for money or for the right to receive money between accounting entities that are people (natural and artificial).

Learn more about transaction: brainly.com/question/24730931

#SPJ4

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Which of the following statement is false? Group of answer choices Financing activities include the obtaining of cash from issui
Lapatulllka [165]

Answer:

Interest payment on bonds payable is a cash outflow from financing activities.

Explanation:

The only statement which is false from the list is : Interest payment on bonds payable is a cash outflow from financing activities.

Interest payment on bonds payable is an expense in the income statement used to determine the income for the year. Net Income falls under the Cash flows from Operating Activities.

6 0
3 years ago
Fischer company makes small metal containers. the company began october with 300 containers in process that were 35 percent comp
Rzqust [24]
2000 because of the 50000
7 0
3 years ago
The total interest that accumulates over time on both the principle money deposited and accumulating interest in an interest-bea
Brrunno [24]

Answer:

coumpobd interest

Explanation:

because over time on both the principle money deposited and accumulating interest in an interest-bearing savings account

3 0
2 years ago
In long-run equilibrium, a purely competitive firm will operate where price is ________.
ahrayia [7]

Answer: The correct answer is "D. equal to MR, MC, and minimum ATC.".

Explanation: In long-run equilibrium, a purely competitive firm will operate where price <u>is equal to MR, MC, and minimum ATC.</u>

In perfect competition the companies are accepting price, therefore they will produce as long as the price is equal to the marginal cost and the marginal income thus ensures that the sale of each unit of product does not cost more than the profit obtained from the sale. of this and when the average total cost, that is, the total cost of producing each unit of product, is the least possible.

4 0
3 years ago
Read 2 more answers
Mr. James purchased a vacation house in Los Angeles on July 1, 2017. The purchase price was $1,000,000, and Mr. James spent $10,
dedylja [7]

Answer:

= $210,000

Explanation:

The question is to determine the income realized by Mr. James in 2019

The income is calculated as follows:

First, the basic information for calculation:

The Purchase price for the vacation house = $1,000,000

Spent Capital additions = $10,000

2019 worth of the house = $1,200,000

Secondly, based on the extracted figures, the income is calculated  as follows

Income realised in 2019 = 2019 worth of the house - (Purchase Price - capital addition)

= $1,200,000 - ($1,000,000 - $10,000)

= $1,200,000 - $990,000

= $210,000

4 0
3 years ago
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