Operating activities involve the acquiring and selling of goods and services for cash or on account.

Name: Operating activities involve the acquiring and selling of goods and services for cash or on account.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Operating activities are the primary activities of a business and include transactions related to the production and sale of goods and services. These activities generate revenue and involve the receipt and payment of cash or credit.

Operating Activities Involve the Acquiring and Selling of Goods and Services