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Purchase requisitions are recognized in the accounting records.

Purchase requisitions are recognized in the accounting records.






True or false:
1.	When a company receives a product previously ordered, a recordable transaction has occurred.

	
	2.	When a business hires a new employee, a recordable transaction has occurred.

	
	3.	The valuation issue deals with how the components of a transaction should be categorized.

	4.	In accounting, to recognize means to record a transaction or event.

	5.	Purchase requisitions are recognized in the accounting records.




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30 May 2016

Answers (1)

  1. Genius

    Purchase requisitions are recognized in the accounting records.

    Purchase requisitions are recognized in the accounting records. Purchase requisitions are r ****** ******
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