Transaction Analysis MCQs

True Tamplin

Written by True Tamplin, BSc, CEPF®
Updated on March 25, 2022

Take this short test on transaction analysis to help you prepare for your exams and interviews. To begin, simply click the “Start Quiz” button below.

If you find it difficult to answer any of these multiple choice questions (MCQs), you can read this short article on transaction analysis.

Distribution of profit & loss mcqs

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Frequently Asked Questions

What is Transactional Analysis?

Transactional Analysis is a psychotherapy model that helps people understand their relationships and interactions with others. It can be used to help people manage their emotions, resolve conflicts, and achieve goals.

Who can benefit from the Transactional Analysis?

The Transactional Analysis uses three key concepts: transactions, ego states, and scripts. Transactions are the interactions between people, ego states are the different parts of the personality, and scripts are the patterns of behavior that people follow. Transactional Analysis helps people understand these concepts and how they affect their relationships.

Who can benefit from the Transactional Analysis?

Who can benefit from the Transactional Analysis?

Why Transaction Analysis is essential?

Transaction Analysis is essential for companies because it helps them understand how their Cash Flow has changed and how they need to adjust.

What are the four steps of Transaction Analysis?

Transaction Analysis is the process of examining a company’s financial transactions to determine how the company’s Cash Flow has changed from one period to the next. The four steps of Transaction Analysis are: recording the transaction in the accounting records, determining whether the transaction has affected revenues, expenses, assets, or liabilities, classifying the transaction as operating, investing, or financing and lastly, assigning a dollar value to the transaction.

True Tamplin, BSc, CEPF®

About the Author
True Tamplin, BSc, CEPF®

True Tamplin is a published author, public speaker, CEO of UpDigital, and founder of Finance Strategists.

True is a Certified Educator in Personal Finance (CEPF®), author of The Handy Financial Ratios Guide, a member of the Society for Advancing Business Editing and Writing, contributes to his financial education site, Finance Strategists, and has spoken to various financial communities such as the CFA Institute, as well as university students like his Alma mater, Biola University, where he received a bachelor of science in business and data analytics.

To learn more about True, visit his personal website, view his author profile on Amazon, or check out his speaker profile on the CFA Institute website.

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