Which of the following is an example of an investing activity?
A) Purchasing equipment
B) Obtaining a bank loan
C) Hiring employees
D) Producing goods and services

Question

Quizplus · Accepted Answer

Purchasing equipment is an example of an investing activity as it involves investing in long-term assets that are expected to generate future revenue for the business. Obtaining a bank loan is a financing activity, hiring employees is an operating activity, and producing goods and services is also an operating activity.

Which of the Following Is an Example of an Investing