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The highest level of responsibility for specialized programs generally rests:
Financing Activity
Transactions that result in changes in the size and composition of the equity capital or borrowings of a company.
Operating Activity
Transactions and events related to the primary operations of a business, such as selling products or services.
Revenue Activity
Activities undertaken by a business that result in the earning of income, typically from the sale of goods or provision of services.
Cash Investments
Financial assets such as stocks, bonds, or real estate purchased with the expectation of generating a return on investment.
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