Activities that affect long-term assets are:
A)investing activities.
B)operating activities.
C)financing activities.
D)noncash investing and financing activities.

Question

Quizplus · Accepted Answer

Investing activities are those activities that involve the purchase or sale of long-term assets, such as property, plant, and equipment, and investments in other companies. These activities have a significant impact on a company's long-term growth and profitability.

Activities That Affect Long-Term Assets Are