Examlex
Which of the following is FALSE?
Operating Activities
Activities that relate directly to the primary business operations of a company, such as selling goods and services.
Sale of Machinery
The transaction involving the disposal of machinery assets, either due to replacement, upgrading, or discontinuation of use, which can impact a company's financial statements.
Investing Activities
Transactions involving the purchase and sale of long-term assets and other investments, not including cash equivalents, as part of a company's financial operations.
Treasury Stock
Shares that have been issued by a company and then repurchased from the market, reducing the amount of outstanding stock on its balance sheet.
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