Financial transactions are like exchanges in a game of Monopoly. Just like when you buy properties, pay rent, or collect money when you pass 'Go', in real life, people and businesses exchange money too. These exchanges are called financial transactions. They can be anything from buying a candy bar at the store, to a company buying another company. Every time money changes hands, a financial transaction happens. It's like keeping score in a game, but instead of points, it's money.

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Financial transactions are like exchanges in a game of Monopoly. Just like when you buy properties, pay rent, or collect money when you pass 'Go', in real life, people and businesses exchange money too. These exchanges are called financial transactions. They can be anything from buying a candy bar at the store, to a company buying another company. Every time money changes hands, a financial transaction happens. It's like keeping score in a game, but instead of points, it's money.

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Financial transactions are like exchanges in a game of Monopoly. Just like when you buy properties, pay rent, or collect money when you pass 'Go', in real life, people and businesses exchange money too. These exchanges are called financial transactions. They can be anything from buying a candy bar at the store, to a company buying another company. Every time money changes hands, a financial transaction happens. It's like keeping score in a game, but instead of points, it's money.

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What do we mean by the term financial transactions?

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