What is an investing activity?
A)Activities that do not involve cash.
B)Activities involving the acquisition of investments not included in cash equivalents.
C)Activities involving the principal revenue-producing activities of the entity.
D)Activities involving changes in the size and composition of the equity's borrowings.

Question

Quizplus · Accepted Answer

Investing activities refer to the acquisition and disposal of long-term assets and investments, including those not classified as cash equivalents. Choices A, C, and D do not accurately define investing activities.

What Is an Investing Activity