Which of the following activities include acquiring and selling land?
A) Research activities
B) Investing activities
C) Financing activities
D) Warehouse activities

Question

Quizplus · Accepted Answer

Acquiring and selling land are part of investing activities, which involve the purchase and sale of long-term assets such as property, plant, and equipment. Research activities involve the exploration of new ideas and information. Financing activities involve obtaining funds from creditors and investors or repaying debt and returning capital to shareholders. Warehouse activities involve the storage and distribution of goods.

Which of the Following Activities Include Acquiring and Selling Land