Accountancy, asked by franklin101, 8 months ago

business organisations is not involves economic events state true or false​

Answers

Answered by himanshi0836
14

Answer:

false

hope it helps you.....

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Answered by swethassynergy
2

False, this statement is not true because business includes economics.

Explanation:

  • Business is done with the main purpose of earning a profit, it is a commercial activity that involves the transfer of goods and services in return for some consideration which is treated as profit.
  • Profit is essential for any business because it gives strength and support to the business and helps it to grow.
  • Any business organization is primarily based on economic transaction and events and we can even say business and economic events are the two sides of one coin.
  • Thus, the statement of the question proves to be wrong.

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