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A. A transaction is an agreement between two entities to exchange goods or services. B. All organizations need information in order to make effective decisions.

A.

A transaction is an agreement between two entities to exchange goods or services.

B.

All organizations need information in order to make effective decisions.

C.

In most cycles, companies repeatedly process a few related transactions, such as buying or selling goods.

D.

In the conversion cycle, companies convert company shares to cash by selling ownership shares to investors.

Which of the following statements is (are) true? (Check all that apply.)

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