Monica is involved in obtaining new funds to run and expand her business.She is engaged in an investing activity.

Name: Monica is involved in obtaining new funds to run and expand her business.She is engaged in an investing activity.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Obtaining new funds to run and expand a business is considered a financing activity, not an investing activity. Investing activities typically involve the purchase or sale of long-term assets or investments.

Monica Is Involved in Obtaining New Funds to Run and Expand