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Accountants refer to an economic event as a
a. Purchase.
b. Sale.
. Transaction
d. Change in ownership. ​

Respuesta :

Accountants refer to the economic event as a transaction.

Accounting is referred to a broad area, as it is the process of summarizing, analyzing, and reporting transactions occurring in the normal operations of the company. Thus, an Accountant helps the businesses in order to make the critical financial decisions by tracking, collecting, and correcting the company's finances.

Whereas, the transactions are the deliberate acts performed by the business entities. So in accounting, all the transactions are recorded, as and when they take place. Here only those events are recorded in the books of accounts which are considered of financial in nature.

Hence, option C is correct.

To learn more about a transaction here:

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