GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ financing is the money needed to pay for the current operating activities of a business.
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Long-Term
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Owner
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Short-Term
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Start-up
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Explanation:
Detailed explanation-1: -Some common operating activities include cash receipts from goods sold, payments to employees, taxes, and payments to suppliers. These activities can be found on a company’s financial statements and in particular the income statement and cash flow statement.
Detailed explanation-2: -Operating activities are all the things a company does to bring its products and services to market on an ongoing basis. Non-operating activities are one-time events that may affect revenues, expenses or cash flow but fall outside of the company’s routine, core business. Operating activities include: Setting a strategy.
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