Question
What is an example of a transaction that would be a step in an accounting cycle?
(1 point)
Responses
tracking employee’s sick days
tracking employee’s sick days
paying for employee training seminars
paying for employee training seminars
determining product efficiency
determining product efficiency
deciding which website host to use
(1 point)
Responses
tracking employee’s sick days
tracking employee’s sick days
paying for employee training seminars
paying for employee training seminars
determining product efficiency
determining product efficiency
deciding which website host to use
Answers
GPT-4o mini
The most relevant example of a transaction that would be a step in an accounting cycle from the provided options is **paying for employee training seminars**. This transaction involves a financial component that would be recorded in the accounting records, while the other options do not directly involve financial transactions.