(Appendix) the Three Types of Business Activities Are Operating Activities

question 3

True/False

(Appendix) The three types of business activities are operating activities, investing activities, and financing activities.

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Definitions:

Consistent Principle

A principle is considered consistent if it does not lead to contradictions under any interpretation or application.

Furniture

Items that are used to make a room or building suitable for living or working in, such as tables, chairs, beds, desks, dressers, and sofas.

Plants

Living organisms belonging to the kingdom Plantae that typically conduct photosynthesis and have a fixed structure including roots, stems, and leaves.

Concreteness

Refers to the quality of being specific, real, and tangible rather than abstract.