With What Are Operating Activities Concerned

question 47

Multiple Choice

With what are operating activities concerned?

• A)borrowing or lending.
• B)the sale or disposal of non-current assets.
• C)the trading and/or service operations of the business.
• D)none of the above.

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Definitions:

Ending Inventory

The total value of all inventory a company has in stock at the end of an accounting period.

Financial Budgets

Detailed plans that outline an organization's financial goals, expected revenues, and expenses for a specific period.

Cash Budget

A budget that estimates the expected receipts (inflows) and payments (outflows) of cash for a period of time.

Capital Expenditures Budget

A plan for a company’s expenditures on large physical assets like property, plant, and equipment that are expected to last more than one year.