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Analyze, comprehend, and evaluate the following statements and write TRUE if the statement is correct and...

Analyze, comprehend, and evaluate the following statements and write TRUE if the statement is correct and FALSE if it is wrong.

Tabulation of results of a customer satisfaction survey is a sample of an accounting transaction (T/F)

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Answer #1

Tabulation of results of a customer satisfaction survey is not a sample of an accounting transaction because debit and credit aspects are not involved in the tabulation of customer survey.

Generally an accounting transaction involves a debit aspect and a credit aspect but in the tabulation of results of customer survey we cannot see any debit and credit aspects. Customer survey is conducted to develop the new products by taking the inputs of customers and also to measure the quality of existing product.

Hence, the answer is FALSE.

Tabulation of results of customer satisfaction survey is not a sample of accounting transaction.

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