Which of the Following Is NOT a Typical Operating Activity

question 9

Multiple Choice

Which of the following is NOT a typical operating activity?

• A) payment of accounts payable
• B) payment of long term notes payable
• C) payment of wages
• D) collection of accounts receivable

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Definitions:

E-SIGN Act

Federal law that validates the use of electronic records and signatures in commerce as legally equivalent to paper-based documents and traditional signatures.

Electronic Medium

A means of communication or the transmission of information that utilizes electronic technology, such as the internet or email.

Unordered Office Supplies

Refers to office supplies sent to a company or individual without prior request or order, often as a scam to demand payment.

Legal Obligation

A duty enforceable by law, derived from statute, contract, or legal precedent.