Transactions involving the purchase and sale of long-term assets, investing in equity securities, lending money, and collecting the principal on related loans are called
A) investing activities.
B) operating activities.
C) financing activities.
D) buying and selling activities.

Question

Quizplus · Accepted Answer

Transactions involving the purchase and sale of long-term assets, investing in equity securities, lending money, and collecting the principal on related loans are all related to investing activities. This includes both cash inflows and outflows related to long-term investment decisions.

Transactions Involving the Purchase and Sale of Long-Term Assets, Investing