The three major types of business activities are operating, financing, and investing.

Question

Quizplus · Accepted Answer

This is true. Operating activities involve the daily operations of a business, such as producing and selling goods or services. Financing activities involve obtaining and repaying funds, such as issuing and repaying loans or issuing and repurchasing stocks. Investing activities involve acquiring and disposing of long-term assets, such as buying and selling property, plant, and equipment or investing in other companies.

The Three Major Types of Business Activities Are Operating, Financing