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A business transaction generally involves exchange of values. True or False?

Financial Management
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Question added by Deleted user
Date Posted: 2014/09/01
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Divyesh Patel
by Divyesh Patel , Assistant Professional Officer- Treasury , City Of Cape Town

True.

 

Value is provided to another entity without receiving value in return.

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

True

One is rewarded with Monetary Value and other one with Utility Value--These two are interchanged/exchanged.

Khan Sohal khan
by Khan Sohal khan , Associate , State Street Syntel Services Pvt Ltd.

True, value,need,ownership,possession.

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