Which of the following is not a basic performance activity conducted by a typical for-profit organization?
A) Generating capital from equity and debt
B) Using assets to generate sales and profits
C) Using profits to pay expenses such as wages, salaries, and bonuses
D) Using profits to pay the cost of capital

Question

Quizplus · Accepted Answer

Basic activities include generating capital from equity and debt, acquiring assets with capital, using assets to generate sales and profits, and using profits to pay the cost of capital. Expenses such as wages, and salaries, and bonuses are not paid out of profits.

Which of the Following Is Not a Basic Performance Activity