Which One of the Following Statements Is True

question 21

Multiple Choice

Which one of the following statements is true?

• A)The two primary sources of financing available to corporations are borrowed funds and funds invested by owners.
• B)Financing activities involve the acquisition of property,plant and equipment.
• C)Borrowed funds are a more permanent source of financing than funds invested by owners.
• D)Investing activities involve the selling of products or services and the incurring of expenses related to selling these products and services.