Which type of the major activities of a business are best described as those events that are associated with the primary purpose of a business?

Question

Quizplus · Accepted Answer

Operating activities are the major activities associated with the primary purpose of a business, which is generating revenue through the sale of goods or services. These include activities such as sales, production, and inventory management. Financing activities involve obtaining capital, while investing activities involve the acquisition and disposal of long-term assets. Earning activities are not a recognized category of business activities.

Which Type of the Major Activities of a Business Are