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As a Noun, Affect Means

question 22

Multiple Choice

As a noun, affect means

Definitions:

Financing Activities

These are transactions and events that relate to how a company finances its operations, including issuing equity, obtaining loans, or paying dividends.

Investing Activities

Financial transactions related to the acquisition or sale of long-term assets and other investments not included in cash equivalents.

Operating Activities

Transactions and other events that affect the net income of a business, relating to its principal revenue-producing activities.

Accounting Equation

The fundamental equation of accounting, representing the relationship between assets, liabilities, and owner's equity (Assets = Liabilities + Equity).