For Cash Flow Reporting Purposes, Operating Activities Include

question 17

Multiple Choice

For cash flow reporting purposes, operating activities include:

• A) acquisition and disposal of investments.
• B) buying and selling of non-current assets.
• C) incurring and extinguishing equity and debt.
• D) those not otherwise classified as financing and investing.

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Definitions:

Commercial Activity

Economic activities centered around the buying, selling, and exchange of goods and services in the market.

National Government

The political authority that governs an entire nation, as opposed to local or regional governments.

U.S. Constitution

The supreme law of the United States, establishing the national government's framework and principles.

Tenth Amendment

An amendment to the U.S. Constitution stating that powers not delegated to the federal government are reserved to the states or the people.