Operating activities resulting from the sales of goods and services relate to:

Question

Quizplus · Accepted Answer

Operating activities resulting from the sales of goods and services relate to the income statement. This includes revenue from sales, cost of goods sold, operating expenses, and other income or expenses related to the company's main operations. The income statement shows the profitability of the company during a specific period, and it is affected by the performance of the operating activities.

Operating Activities Resulting from the Sales of Goods and Services