Investing activities include the purchase and sale of (1)long-term resources and (2)any resources not directly related to a company's normal operations.

Question

Quizplus · Accepted Answer

The statement is true. Investing activities refer to the purchase and sale of long-term assets such as property, plant and equipment, as well as investments in other companies or securities not directly related to a company's normal operations.

Investing Activities Include the Purchase and Sale of (1)long-Term Resources