Which of the following is NOT a typical operating activity?
A) payment of accounts payable
B) payment of long term notes payable
C) payment of wages
D) collection of accounts receivable

Question

Quizplus · Accepted Answer

Payment of long term notes payable is a financing activity, not an operating activity. Operating activities include payments related to day-to-day business operations, such as payment of accounts payable, wages, and collection of accounts receivable.

Which of the Following Is NOT a Typical Operating Activity