Which of the following is not a transaction?

A Goods are purchased on cash basis for Rs.1000
B Salaries are paid for the month of May 2010
C Land is purchased for Rs. 10 lacs
D An employee dismissed from the job

Correct Answer: An employee dismissed from the job

An employee dismissed from the job is not a transaction. A transaction is an agreement between a buyer and a seller to exchange goods, services or financial instruments.

Related Questions

In the Financial Decision-Making System which of the following is not a transaction processing system input:
Which of the following is not a transaction
কোনটি লেনদেন নয়? (Which is not a transaction?)

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