Intermediate Accounting 14th Edition

Published by Wiley
ISBN 10: 0470587237
ISBN 13: 978-0-47058-723-2

Chapter 3 - The Accounting Information System - Questions - Page 132: 2c

Answer

This is not a business transaction.

Work Step by Step

This is not a business transaction because there is no a transfer in value that can be expressed financially. The interview is of no financial gain to the company, and neither is it to the interviewee.
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