The Issuance of Debt to Purchase Assets Would Be Classified

question 156

Multiple Choice

The issuance of debt to purchase assets would be classified as a(n)

• A)operating activity.
• B)investing activity.
• C)financing activity.
• D)none of these answers are correct.

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Definitions:

Mineralocorticoids

A class of corticosteroids that regulate electrolyte and water balance by acting on the kidneys, primarily aldosterone.

PTH

Parathyroid hormone, a regulatory substance produced by the parathyroid glands that is critical in maintaining calcium balance in the blood.

Insulin

Insulin is a hormone produced by the pancreas that regulates blood sugar levels by facilitating the uptake of glucose by cells.

ADH

Antidiuretic Hormone (ADH) is a peptide hormone that regulates the amount of water absorbed by the kidneys to maintain bodily fluid balance.