GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -Some fundamental operating activities for a business are sales, customer service, administration and marketing. These activities are part of the normal functioning of a business that affects its monthly, quarterly and annual income and profits.
Detailed explanation-2: -Operating activities relate to transactions that affect net income. Operating activities examples include: Receipt of cash from sales. Collection of accounts receivable. Receipt or payment of interest.
Detailed explanation-3: -Setting a strategy. Organizing work. Manufacturing (or sourcing) products and services. Marketing and selling its products and services. Day-to-day management.
Detailed explanation-4: -Operating company activities. Investing company activities. Financing company activities. 30-Sept-2022