Activities that pay taxes are:
A) operating activities.
B) financing and investing activities.
C) operating and financing activities.
D) operating and investing activities.

Question

Quizplus · Accepted Answer

Operating activities are the primary source of a company's income and thus are typically the activities subject to taxes. Financing and investing activities generally involve the raising and investing of capital and do not directly contribute to taxable income in the same way operating activities do.

Activities That Pay Taxes Are