Businesses Engage in Which of the Following Three Main Activity

question 93

Multiple Choice

Businesses engage in which of the following three main activity categories?

• A)Financing, Investing, Operating
• B)Cash, Credit, Noncash
• C)Financing, Credit, Operating
• D)Financing, Management, Operating

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Definitions:

Net Operating Income

The profit generated from a company's core business operations, excluding deductions for interest and taxes.

Client-Visits

Meetings or engagements with clients outside or within the company premises to discuss business, services, or products.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity levels of the business.

Manufacturing Overhead

All indirect costs associated with the production process, excluding direct materials and direct labor.