Which of the Following Is Not an Operating Activity

question 65

Multiple Choice

Which of the following is not an operating activity?

• A)Cash collections from credit customers
• B)Cash payments for operating expenses
• C)Cash receipts for interest earned
• D)Cash payments for dividends to stockholders

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Definitions:

Utilities Expense

Utilities expense refers to the cost incurred by businesses or individuals for the usage of basic utilities such as electricity, water, gas, and telecommunication services.

Accounts Receivable

Money owed to a company by its customers for products or services that have been delivered or used but not yet paid for.

Owner's Drawings

The amount of money or value of other assets withdrawn from the business by the owner for personal use.

Service Revenue

Income earned by providing services as opposed to selling physical goods.