Which of the Following Is a Financing Activity

question 54

Multiple Choice

Which of the following is a financing activity?

• A)The business receives land and gives a check for $1,000.
• B)The business receives $1,000 cash and in exchange gives a promissory note.
• C)The business promises to hire an employee on the 15^th of the month.
• D)The business orders supplies and promises to pay for them at the end of the month.

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Definitions:

Participant

A person who takes part in or becomes involved in a particular activity or event.

Follower

A follower is an individual who supports and is guided by another person or by a group, often within the context of an organizational hierarchy or social movement.

Autonomous Groups

Teams that operate independently with the ability to make decisions without external control.

Enabling Groups

Groups or teams within an organization designed to provide support, resources, or empowerment to individuals or projects, facilitating success.