An example of an operating activity is:
A)Paying wages.
B)Purchasing office equipment.
C)Borrowing money from a bank.
D)Selling stock.
E)Paying off a loan.

Name: An example of an operating activity is: A)Paying wages. B)Purchasing office equipment. C)Borrowing money from a bank. D)Selling stock. E)Paying off a loan.
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Question

Quizplus · Accepted Answer

Paying wages is an example of an operating activity because it is a regular and recurring expense directly related to the day-to-day operations of the business.

An Example of an Operating Activity Is