Investing activities include the purchase and sale of (1)long-term resources and (2)any resources not directly related to a company's normal operations.

Question

Quizplus · Accepted Answer

This is a correct statement. Investing activities involve the acquisition and disposition of long-term resources (such as property, plant, and equipment) as well as any other resources that are not part of a company's core operations (such as investments in stocks or bonds).

Investing Activities Include the Purchase and Sale of (1)long-Term Resources