All of the Following Are Investing Activities Except

question 7

Multiple Choice

All of the following are investing activities except:

• A)Earning interest income
• B)Purchasing property, plant, and equipment
• C)Purchasing other companies' shares
• D)Selling property, plant, and equipment

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Definitions:

Direct Method

A way of allocating service departments' costs directly to producing departments without any intermediate allocations, used in cost accounting.

Service Department

A division within a business that provides essential support but does not directly add value to the product or service.

Pediatrics Department

A specialized medical division focused on the care, diagnosis, and treatment of infants, children, and adolescents.

Employee Hours

A measurement of the amount of time an employee works during a given period.