Examlex
When proofreading a document, which of the following should you be concerned with?
Operating Activities
Activities related directly to the primary, day-to-day operations of a business, including sales, production, and administrative functions.
GAAP
Generally Accepted Accounting Principles, which are standardized guidelines for accounting practices.
Operating Activities
Business activities that relate directly to the production, sale, and delivery of a company's products or services.
Financing Activities
Transactions and events related to raising capital, repaying investors, issuing dividends, and loans that affect a company's capital structure and equity.
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