What are operating activities?
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

Operating activities are the core activities that a company engages in to generate income, which typically include the production, sales, and delivery of the company's products and services. These are considered the principal revenue-producing activities of the entity.

What Are Operating Activities