A retail entity's primary business activity is selling finished goods inventory to a customer for:

Question

Quizplus · Accepted Answer

While a retail entity may accept both cash and credit as payment options, the primary business activity involves selling finished goods inventory to a customer, which can be done either through cash or credit transactions. Therefore, option C is the best choice as it encompasses both payment methods. Options A, D, and E may pertain to specific cases, but they do not apply to the entity's primary business activity.

A Retail Entity's Primary Business Activity Is Selling Finished Goods