Which of the Following Is an Operating Activity

question 56

Multiple Choice

Which of the following is an operating activity?

• A)Receipt of customer deposit.
• B)Proceeds from mortgage issue.
• C)Purchase of land.
• D)Redemption of preferred shares.

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Definitions:

Cyclical Nature

The inherent tendency of markets, economies, or certain stocks to move in cycles, experiencing periods of expansion and contraction.

Peak Periods

Times of maximum activity, demand, or use, typically stressing the capacity, resources, or systems involved.