You are considering starting a new business. In general, which of the following types of activities would have to occur before operating activities could begin? Investing activities Financing activities
A) Yes Yes
B) Yes No
C) No Yes
D) No No

Question

Quizplus · Accepted Answer

Investing activities involve the acquisition of the assets necessary to operate the business, and financing activities involve securing the necessary funds to start the business. Both are essential steps before operating activities can commence.

You Are Considering Starting a New Business