______ activities provide the necessary funds to start a business and to expand it after it begins operations.
A) Investing
B) Financing
C) Operating
D) Selling

Question

Quizplus · Accepted Answer

Financing activities involve obtaining funds from external sources such as loans, issuing stocks or bonds, and reinvesting earnings back into the business. These funds are used to start and expand the business after it begins operations.

______ Activities Provide the Necessary Funds to Start a Business