The Three Main Types of Business Activities Measured by Financial

question 24

Multiple Choice

The three main types of business activities measured by financial statements are:

• A)selling goods,selling services,and obtaining financing.
• B)operating activities,investing activities,and financing activities.
• C)hiring,producing,and advertising.
• D)generating revenues,paying expenses,and incurring dividends.

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Definitions:

Satisfies

When a mathematical statement or condition holds true or when an argument meets certain criteria or standards.

Inequality

A mathematical expression indicating that two expressions are not equal, using symbols such as ≠, <, >, ≤, ≥.

Annual Insurance

A term referring to insurance coverage that is renewed or applicable for one year, often requiring annual premium payments.

Surcharge

An additional charge, tax, or cost added to the usual cost or bill.