Typical financing activities do NOT include the following:
A)Proceeds from issuance of short- and long-term borrowings.
B)Principal payments on short- and long-term borrowings.
C)Purchase of short- or long-term investments for cash.
D)Purchase of shares for retirement.

Question

Quizplus · Accepted Answer

Financing activities typically involve obtaining or repaying funds through borrowing, issuance of stock, or other external sources of capital. Purchasing short- or long-term investments for cash is not considered a typical financing activity.

Typical Financing Activities Do NOT Include the Following