An Example of an Operating Activity Is

question 41

Multiple Choice

An example of an operating activity is

• A)repaying loan principal.
• B)paying dividends.
• C)purchase of shares of other companies.
• D)payments of taxes owed to the government.

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Definitions:

Hybrid Rule Making

A type of rule making that combines features of both formal and informal rule making; consists of publication in the Federal Register, a written-comment period, and an informal public hearing with restricted cross-examination.

Enabling Legislation

A statute that specifies the name, functions, and specific powers of an administrative agency and grants the agency broad powers for the purpose of serving the “public interest, convenience, and necessity.”

Accounting Commission

A regulatory or advisory body focused on setting and enforcing accounting standards and practices.

Investigative Authority

The legal power or mandate given to an individual or organization to conduct investigations, often related to law enforcement or regulatory compliance.