what are internal transactions?and external transactions?
1. what are internal transactions?and external transactions?
Answer:
Difference between internal transaction and external transaction:The main difference between internal transaction and external transaction has been explained by the following points:1. MeaningAn internal transaction is a business transaction which is not undertaken with any external third party.An external transaction is a business transaction which is undertaken with one or more external third parties.2. Exchange of resourcesInternal transaction is a result of internal functions of a business and may not involve exchange of resources. If it involves exchange of resources it would be between internal departments of an organisation.External transaction is an exchange of resources between the organisation and one or more external third parties.3. Impact on cash flowAs internal transactions are concerned with inter-departmental transactions or as a result of internal functions of the business, they generally do not have an impact on the cash flow of the business.External transactions involve exchange of resources with third parties and thus often impact the cash flow of the business.4. Number of partiesInternal transaction only involves one party – the organisation itself.External transactions involve 2 or more parties – the organisation and one or more third parties.5. TriggerInternal transactions are triggered by internal functions of a business or by simple passage of time.External transactions are triggered by business activity between the organisation and outside third parties.6. ExamplesInternal transactions include internal stock transfers from one department to another, charge of depreciation, amortization of prepaid expenses etc.External transactions include third party purchase or sale of goods, incurring of expenses etc.Internal transaction versus external transaction – tabular comparisonExplanation:
sana makatulong
What are internal transactions and external transactions?There are two types of transactions and those two types are called internal and external extractions, right now, I will try my best to explain the differences between internal and external transactions:Internal Transactions:An internal transaction is a business transaction which does not involve any outside organisation or third party. An internal transaction does not involve two parties. These transactions are generally triggered by and are concerned with internal functions of a business. For example, conversion of raw material of one department to work in progress of another department is internal consumption of stock and is an example of an internal transaction. Some internal transactions are also triggered by passage of time such charge of depreciation in the books, amortization of prepaid expenses etc.External Transactions:An external transaction is a business transaction which takes place between the business and an outside third party. An external transaction therefore involves two or more parties. External transactions involve exchange of resources between the business and outside third parties. For example, purchase or sale of goods from a third party in exchange of cash/credit, payment for supply of utilities to a third party. An event including 2 parties must have a monetary impact on the company’s accounts to qualify as an external transaction. For example, a settlement reached with a trade union although involves 2 parties does not qualify as an external transaction as it does not have impact on the accounts. On the other hand a payment of compensation to employees under this settlement would qualify as an external transaction as it affects the accounts of the business.Difference between internal transaction and external transaction:The main difference between internal transaction and external transaction has been explained by the following points:
1. Meaning An internal transaction is a business transaction which is not undertaken with any external third party. An external transaction is a business transaction which is undertaken with one or more external third parties. 2. Exchange of resources Internal transaction is a result of internal functions of a business and may not involve exchange of resources. If it involves exchange of resources it would be between internal departments of an organisation. External transaction is an exchange of resources between the organisation and one or more external third parties. 3. Impact on cash flow As internal transactions are concerned with inter-departmental transactions or as a result of internal functions of the business, they generally do not have an impact on the cash flow of the business. External transactions involve exchange of resources with third parties and thus often impact the cash flow of the business. 4. Number of parties Internal transaction only involves one party – the organisation itself. External transactions involve 2 or more parties – the organisation and one or more third parties. 5. Trigger Internal transactions are triggered by internal functions of a business or by simple passage of time. External transactions are triggered by business activity between the organisation and outside third parties. 6. Examples Internal transactions include internal stock transfers from one department to another, charge of depreciation, amortization of prepaid expenses etc. External transactions include third party purchase or sale of goods, incurring of expenses etc.
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2. Transaction and events happened or took place within the business enterprise best describe the... A. External transaction B. Internal transactionC. Occurrence of a transaction D. Eventual transaction
Answer:
D.eventual transaction
Explanation:
i hope it can help...
3. This is the identification and measurement of external transactions and enternal events?
Answer:
The American Accounting Association defines accounting as “the process of identifying, measuring and communicating economic information to permit informed judgements and decisions by users of the information.”
Explanation:
hope it helps ><
4. is there possiblity that financial transaction will become a noncash transaction?How it be possible?
Cashless societies have existed from the time when human society came into existence, based on barter and other methods of exchange, and cashless transactions have also become possible in modern times using credit cards, debit cards, mobile payments, and digital currencies such as bitcoin.
5. Exchanging messages with a friend over a phone. transaction or non-transaction?
Answer:
Non-Transaction
#CarryOnLearning
Answer:
Transaction
Explanation:
The transactional model of communication refers to the continuous exchange of information where both the sender and receiver are involved in the process and take turns to communicate messages. The transactional model of communication is often used for interpersonal communication.
Hoping that this would help you. Goodluck!
6. 1. The following are the impact of the businesses to the government, EXCEPT, A. Businesses conduct projects like tree planting, and housingB. Employees hired by the businesses employ a household memberC. Tax are imposed on the income of the businessD. The benefit provided by businesses through payments of taxes2. It is an effect of transactions that happened to parties outside the transactions of buyers and sellers.A. Externalities C. InternalitiesB. Middle Management D. None of these3. What do you called the spill over effects that enhance the welfare of a third party?A. Negative externality C. Both A and BB. Positive externality D. None of these4. If the third party’s welfare is reduced, what do you call the spillover effect?A. Negative externality C. Both A and BB. Positive externality D. None of these5. The following are the third parties that benefit the spillover effect of the transactions of buyers and sellers, EXCEPT,A. Capitalist C. EnvironmentB. Community D. Individuals
Answer:
1.A
2.D
3.B
4.B
5.C
Explanation:
basta lang po yun heheh
7. Explain the difference between a complementary transaction and a crossed transaction.
Answer:
The rule for a complementary transaction is that the communication can continue indefinitely. The rule for a crossed transaction is that a break in communication will occur.
8. Give the five features of the Transaction or transactional model.
Answer:
;The transactional model has a number of interdependent processes and components, including the encoding and decoding processes, the communicator, the message, the channel and noise.
Explanation:
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-ᴋɪɴᴅʟʏ ғᴏʟʟᴏᴡ ᴍᴇ ғᴏʀ ᴍᴏʀᴇ ᴀɴᴅ ᴅᴏɴᴛ ғᴏʀɢᴇᴛ ᴛᴏ ᴍᴀʀᴋ ᴍᴇ ᴀs ʙʀᴀɪɴʟɪsᴛ!!
9. DUOnication2. It refers to the natural or environmental conditions that hinder a successfulcouununication transactionA. cultural barrierB. external noiseC. physical barrierD. psychological barrier1
Answer:
B. external noise
Explanation:
becouse noise is a natural/enviromental way of stoping comunication transaction
10. Directions: Give examples of the following transactions.TRANSACTIONS1. Transactions that increase the assets of a business2. Transactions that increase the owner's equity3. Transactions that increase both assets and owner's equity.
Answer:
1. The company sells a product to a costumer.
2. If you have a car that is worth 500,000 peso
but you owe half of it, your owner equity woulde be 250,000 peso
3. If you put your car worth 200,000 peso into business, your owners equity will increase by 200,000 peso
Explanation:
3. If your equity will increase your assets increase to.
11. Transactional apps are used to perform transactional tasks or entire business processes. transactional tasks are always related to the manager-employee relationship.
Transactional Apps
They are also called 'stop-and-go applications'. Their task is to perform operations that involve requests and replies when ordered. It can perform transactions that are usually between a manager and his employees like applying for requests for leave and travel. Examples of transactional applications are the following:
SendGridAmazon SESZeptoMailMailChimp TransactionalAmitreeTransactional Apps vs. Streaming AppsStreaming apps have very little concern in the ordering of data. The philosophy behind streaming apps is more of a 'pedal-to-the-metal'.
Transactional apps (interactive) and streaming apps (batch processing) are the fundamental types of network applications. After determining what type of application will be used, the network and protocol characteristics can be determined too.
Learn more about Transactional Apps here:
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12. 1. The following are the impact of the businesses to the government,EXCEPT,A. Businesses conduct projects like tree planting, and housingB. Employees hired by the businesses employ a household memberC. Tax are imposed on the income of the businessD. The benefit provided by businesses through payments of taxes2. It is an effect of transactions that happened to parties outside thetransactions of buyers and sellers.A. ExternalitiesC. InternalitiesB. Middle ManagementD. None of these3. What do you called the spill over effects that enhance the welfare of athird party?A. Negative externalityC. Both A and BB. Positive externalityD. None of these4. If the third party's welfare is reduced, what do you call the spillovereffect?A. Negative externalityB. Positive externalityC. Both A and BD. None of these
Answer:
A ,C,D,B
Explanation:
THESE ARE MY ANSWER HOPE THIS IS HELPFUL
13. answer of the communication transaction function of the communication transaction function of the communication
ano po diko gets hehe
14. 2. It refers to the natural or environmental conditions that hinder a successfulcommunication transaction.A. cultural barrier B. external noise C. physical barrier D. psychological barrierCartierand[tex]ax(x) = x + 4 =[/tex]
Answer:
2.C
Step-by-step explanation:
My answer on your second question is there in the picture
15. A financial company grant loans in one of their clients. Transaction or Non-transaction?
Answer:
A transaction deposit is a deposit made to a transaction account, such as a checking account. Transaction accounts are liquid, so the money that has been deposited is available instantly upon request. Non-transaction accounts, by comparison, are not fully liquid.
Explanation:
Non-transactionAng answer
16. 1) "Previous Applicants" internal or external?2) " Professional Associations "internal or external?3) "Former Employees"internal or external?4) "Competitions"internal or external?5) "News Paper add"internal or external?6) "E-Recruitment"internal or external?7) "employee Referrals"internal or external?8) "private and public employment agencies"internal or external?9) "Campus Recruitment"internal or external?10) "Current Employees"internal or external?11) *Recruitment Agencies"internal or external?12) "unsolicited applications"internal or external?pa help man po
Answer:
1. internal
2.external
3.internal
Answer:
1. internal
2. external
3. internal
4. external
5. external
6. external
7. internal
8. external
9. external
10. internal
11. external
12. external
explanation:
internal- Internal recruitment is where a company hires employees from within the organization that are already working there.
external- External recruitment is where a company hires employees outside of the organization that are not currently working there.
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17. 2. What is the transaction effect of the business expense incurred on credit in the accounting equation? 4. Distinguish external from internal transactions.
Answer:
2.
Every Business transaction which is to be considered for accounting i.e. every Accounting transaction, has its effect on the fundamental accounting equation. Each transaction alters the expressions forming the equation in such a way that the accounting equation is satisfied after every such alteration.
4.
An internal transaction is a business transaction which is not undertaken with any external third party. An external transaction is a business transaction which is undertaken with one or more external third parties.
The difference between an external and internal transaction is the people involved. In external transaction, people of a different region or outside the company are involved. In internal transaction, people of the same country or company transact.
18. give 5 examples of internal and external transaction from your home.
Answer:
external and internal transaction is the people involved. In external transaction, people of a different region or outside the company are involved. In internal transaction, people of the same country or company transact.
19. lion internal or external horse external or internalmosquitointeenal or external
Lion. - Internal
Horse. - internal
mosquito - external
20. From the viewpoint of a us company, a foreign currncy transaction is a transaction
Answer:
Thakns than you for anserrr
21. 3. What are the transactions that are to be recorded in the general journal? When does thetransaction happened? What are the significant accounts that are affected in the transaction, andby how much?
Answer:
Journal entry is an entry to the journal. Journal is a record that keeps accounting transactions in chronological order, i.e. as they occur. ... All accounting transactions are recorded through journal entries that show account names, amounts, and whether those accounts are recorded in debit or credit side of accounts.
22. think of communication transaction in your daily life result of the communication transaction
Answer:
a discussion held in the classroom
23. it refers to the natural or environmental condition that hider a successful communication transactionA,cultural barrierB, external barrieC, physical barrierD, pyschological barrier
Answer:
Physical barrier
Explanation:
i think
Answer:
Physical kasi natural yan lang naman ang natural yung iba under sila ng external
24. What type of transaction involves establishing a loan loss reserve? a. substantive transaction. c. nonroutine transaction. b. routine transaction. d. estimation transaction?
C. nonroutine transaction.
25. 4 TRANSACTION THAT CANNOT BE CONVERTED INTO PAPER TRANSACTION
Answer:
Commercial papers cannot be converted in to cash with easy and quick transactions because of lack of organized secondary markets. Commercial paper is an unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts payable and inventories and meeting short-term liabilities.Search and information costsThese are the costs associated with looking for relevant information and meeting with agents with whom the transaction will take place. The stock exchange is one such example, as they bring the buyers and sellers of financial assets together. The stockbroker’s fee is a type of information transaction cost.Bargaining costsThese are the costs related to coming to an agreement that is agreeable to the parties involved in drawing up a contract. Bargaining costs can either be very cheap, such as buying a newspaper, or can be very expensive, such as trading a basketball player from one team to another.
Explanation:
Answer not mine26. what is the transactional feature is the transactional feature
Answer:
transactional featur is the fear
Explanation:
beacause what is you without fear right
27. Which of the following transaction affect only one particular business?O Business transactionsO Internal transactionsO External transactionsAll of the choices
Answer:
business transactions
28. "Markets are lethal, if only because of ignoring externalities, the impacts of their transactions on the environment". Make a Reflection of this Quote
Answer:
true
Explanation:
correct me if im wrong
29. What makes a transaction a business transaction?
Answer:
to communivate people and to be friends to other country so that we can explore what people are you
30. situation of communication transaction and result of the communication transaction?
Answer:
Transactional model of communication is the exchange of messages between sender ... situations are the most over-powering elements of the communication in ... has considerable effect on the communication, enhancing or undermining it.
Explanation: