listed below

tpaolino · #1 Mar 13, 2007, 06:22 PM

Which of the following events cannot be quantified into dollars and cents and recorded as an accounting transaction?
a) the appointment of a new CPA firm to perform and audit
b) the purchase of a new computed
c) payment of income taxes
d) the sale of store equipment

CaptainForest · Mar 13, 2007, 07:59 PM

The answer is: a) the appointment of a new CPA firm to perform and audit

The others all deal with a measurable outflow or inflow of cash.



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