The profit making activities of an enterprise are referred to as:
A)financing activities
B)planning activities
C)operating activities
D)investing activities

Question

Quizplus · Accepted Answer

Operating activities are the profit-making activities of an enterprise, including buying and selling goods and services, paying and receiving cash, and managing inventory. Financing activities involve raising and paying capital, while investing activities involve acquiring and selling long-term assets such as property and equipment. Planning activities refer to the process of developing strategies, setting goals, and making decisions to achieve them.

The Profit Making Activities of an Enterprise Are Referred to As