An example of a transaction that would be a step in an accounting cycle is paying for employee training seminars. This transaction would involve recording the payment, which is part of the financial activities that are tracked in the accounting cycle.
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
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