Activities that obtain funds from investors and liabilities to start and sustain a business are called:
A) reporting activities.
B) investing activities.
C) financing activities.
D) operating activities.

Question

Quizplus · Accepted Answer

Financing activities involve obtaining funds from investors and liabilities to start and sustain a business. Reporting activities involve preparing financial reports and disclosures. Investing activities involve the acquisition and disposal of long-term assets. Operating activities involve the day-to-day business operations, such as sales and expenses.

Activities That Obtain Funds from Investors and Liabilities to Start