A sporting-goods store sells a set of golf clubs to a customer for cash.This is an example of a(n):
A)planning activity
B)investing activity
C)financing activity
D)operating activity

Question

Quizplus · Accepted Answer

This transaction does not involve any planning, investing, or financing activities. It is a regular operating activity of a sporting-goods store to sell products for cash.

A Sporting-Goods Store Sells a Set of Golf Clubs to a Customer