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Question

________ is used to mean a happening as a consequence of transaction(s).

A
Event
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B
Transaction
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C
Dealing
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D
Operations
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Solution

The correct option is A Event
A transaction cannot be completed if it is not performed by the two different parties. Any business transaction is considered as business event once it is dealt by the two different parties. Once the transaction is complete, it is converted in to an event.

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