The three main types of business activities measured by financial statements are:

Question

Quizplus · Accepted Answer

Operating activities refer to the business's day-to-day operations, such as sales and expenses. Investing activities include buying and selling long-term assets, such as property or investments. Financing activities involve obtaining funding for the business, either through debt or equity financing, and making repayments on those funds. Options A, C, and D do not accurately reflect the three main types of business activities measured by financial statements.

The Three Main Types of Business Activities Measured by Financial