The safest way to make sure that all investing activities have been identified is to
A)examine a company's balance sheet line by line.
B)examine a company's income statement line by line.
C)examine all purchase orders processed during the period.
D)identify any invoices received for property and equipment acquisitions.

Question

Quizplus · Accepted Answer

Examining a company's balance sheet line by line is the safest way to ensure that all investing activities have been identified because it directly reflects changes in long-term assets and investments, which are the focus of investing activities.

The Safest Way to Make Sure That All Investing Activities