Business Entities Generally Carry on

question 35

Multiple Choice

Business entities generally carry on

• A)operating,investing,and financing activities.
• B)operating activities,but only corporations engage in financing and investing activities.
• C)investing and operating activities,but only corporations engage in financing activities.
• D)either investing or financing activities,but not both.

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Definitions:

Stockbroker

A professional who buys and sells stocks and other securities for clients in exchange for a fee or commission.

Transaction

An agreement or communication carried out between a buyer and a seller to exchange an asset for payment.

Overtime

The amount of time someone works beyond the normal working hours, often resulting in additional pay.

Annual Salary

The total amount of money that an individual earns in one year from their job before taxes and deductions.