Transactions associated with the financing process include all of the following except:
A)Purchase of treasury shares.
B)Issuance of equity securities.
C)Payroll for finance department employees.
D)Periodic repayments of debt.

Question

Quizplus · Accepted Answer

Transactions associated with the financing process typically involve actions that affect the equity and debt of a company, such as the issuance of equity securities (B), the purchase of treasury shares (A), and the repayment of debt (D). Payroll for finance department employees (C) is considered an operating expense, not a financing activity.

Transactions Associated with the Financing Process Include All of the Following