Of the Following Items,which Is Classified as an Investing Activity

question 71

Multiple Choice

Of the following items,which is classified as an investing activity on the statement of cash flows?

• A)Sale of a plant asset for cash
• B)Selling goods and services
• C)Collecting loans
• D)Both A and C

---

Definitions:

Petroleum Products

Refined products obtained from the processing of crude oil, such as gasoline, diesel, and kerosene.

Valence Electrons

Electrons in the outermost shell of an atom that are involved in forming chemical bonds.

Oxygen

A chemical element with the symbol O and atomic number 8, known for its essential role in the respiratory processes of most living organisms and in combustion.

Degenerate

In physical and quantum chemistry, describes a condition where two or more different states have the same energy.