Match each of the following items with the appropriate definitions.
-Activities that involve the production or purchase of merchandise and the sale of goods or services to customers,including expenditures related to administering the business.
A)Indirect method
B)Direct method
C)Statement of cash flows
D)Financing activities
E)Operating activities
F)Investing activities

Question

Quizplus · Accepted Answer

Operating activities involve the day-to-day transactions related to running a business, such as the production or purchase of merchandise and the sale of goods or services to customers, as well as expenditures related to administering the business.

Match Each of the Following Items with the Appropriate Definitions