Respectively, ___ activities are cash flows earned by providing a product or service; ___ activities are cash flows related to the buying and selling of long-term assets; and ___ activities are cash flows related to obtaining and repaying additional funds from creditors and investors.
A) operating; investing; financing
B) operating; financing; investing
C) investing; operating; financing
D) financing; operating; investing
E) financing; investing; operating

Question

Quizplus · Accepted Answer

Operating activities involve cash flows from primary business operations, investing activities relate to transactions involving long-term assets, and financing activities concern cash flows from dealing with creditors and investors.

Respectively, ___ Activities Are Cash Flows Earned by Providing a Product