which of the following is a business transaction? a. a company applies for a note payable that will be used…

which of the following is a business transaction? a. a company applies for a note payable that will be used to purchase a new office building. b. a company hires a new marketing manager. c. a company pays its employees a year - end bonus. d. a company signs a contract for services to be provided during the first quarter of the next fiscal year.

which of the following is a business transaction? a. a company applies for a note payable that will be used to purchase a new office building. b. a company hires a new marketing manager. c. a company pays its employees a year - end bonus. d. a company signs a contract for services to be provided during the first quarter of the next fiscal year.

Answer

Brief Explanations:

A business transaction involves an economic event that impacts a company's financial position. Paying employees a year - end bonus is a financial outlay and affects the company's finances. Applying for a note payable is just an intent until approved and funds received. Hiring a manager is a non - financial personnel action. Signing a contract is a pre - transactional event without immediate financial impact.

Answer:

C. A company pays its employees a year - end bonus.