What is an investing activity?
A)Activities involving the acquisition and disposal of long-term assets.
B)Activities involving changes in the size and composition of the contributed equity.
C)Activities involving the principal revenue-producing activities of the entity.
D)Activities that do not involve cash.

Question

Quizplus · Accepted Answer

Investing activity involves the acquisition and disposal of long-term assets such as property, plant, and equipment, and other long-term investments.

What Is an Investing Activity