Which of the following is part of the operating process?
A)sale of a warehouse
B)purchase of machinery
C)purchase of inventory
D)sale of common stock of another firm

Question

Quizplus · Accepted Answer

The purchase of inventory is part of the operating process, as it is a necessary expense in the production and sale of goods or services. The sale of a warehouse or common stock of another firm may be related to financing or investing activities, while the purchase of machinery could be classified as an investing activity.

Which of the Following Is Part of the Operating Process