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JSCE Business Studies 2024 Objective — Question 96

Question 96 of 100 from the Junior Secondary Certificate Examination (JSCE) Business Studies 2024 Objective paper, with the correct answer and a full explanation.

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A ______ occurs when sales or purchases are initiated or concluded.

  • A. transactionCorrect
  • B. accounting
  • C. bookkeeping
  • D. cashbook

Explanation

A transaction occurs when a sale or purchase is started or completed.

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