BUSINESS ADMINISTRATION
FINANCIAL ACCOUNTING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Buying and selling products is an example of:
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Operating activities
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Financing activities
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Investing activities
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Advertising Activities
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Explanation:
Detailed explanation-1: -Operating activities are the daily activities of a company involved in producing and selling its product, generating revenues, as well as general administrative and maintenance activities. Key operating activities for a company include manufacturing, sales, advertising, and marketing activities.
Detailed explanation-2: -Operating activities examples include: Receipt of cash from sales. Collection of accounts receivable. Receipt or payment of interest.
Detailed explanation-3: -Cash flow from operating activities (CFO) indicates the amount of money a company brings in from its ongoing, regular business activities, such as manufacturing and selling goods or providing a service to customers.
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