Asked by ramon rodriguez on Jul 05, 2024
Verified
An example of an operating activity is:
A) Paying wages.
B) Purchasing office equipment.
C) Borrowing money from a bank.
D) Selling stock.
E) Paying off a loan.
Operating Activity
Day-to-day actions and transactions that are directly related to running a business, such as sales and purchases.
Paying Wages
The act of compensating employees for their labor, typically calculated by hours worked or tasks completed.
Office Equipment
Non-consumable items used in an office setting for administrative or operational purposes, such as computers, printers, and furniture.
- Differentiate among various business operations: operational, investment, and financial activities.
Verified Answer
SC
Stephen ChandlerJul 07, 2024
Final Answer :
A
Explanation :
Paying wages is an example of an operating activity as it is directly related to the day-to-day operations of a business.
Learning Objectives
- Differentiate among various business operations: operational, investment, and financial activities.