Activities that involve the production or purchase of merchandise and the sale of goods and services to customers, including expenditures related to administering the business are:
A) Investing activities.
B) Operating activities.
C) Direct activities.
D) Financing activities.
E) Indirect activities.

Question

Quizplus · Accepted Answer

Operating activities involve the core business activities such as production, purchase, and sale of goods and services, as well as administrative expenses.

Activities That Involve the Production or Purchase of Merchandise and the Sale