Which of the Following Is an Example of an Operating

question 99

Multiple Choice

Which of the following is an example of an operating activity?

• A) Obtaining capital from stockholders
• B) Selling goods and services to customers
• C) Purchasing equipment
• D) Selling land

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Definitions:

Demand

The amount of a product or service that buyers are ready and capable of buying at different price levels over a specified time frame.

Increase

A situation where there is a growth or rise in figures, amounts, or indicators in an economic context.

Demand Curve

A graphical representation that shows the relationship between the price of a good and the quantity demanded by consumers.

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a given period.