The most basic type of financial transaction involves _______________. a. An amount of money that is not
Question:
The most basic type of financial transaction involves _______________.
a. An amount of money that is not invested
b. A series of equal installment amounts paid or received over a period of time
c. A simple, one-time amount of cash that can be either a receipt or a payment
d. None of the above
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The correct answer is c A simple onetime amount of cash that can be either a receipt or a payment A ...View the full answer
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