Investing activities are the means an organization uses to pay for resources like land, buildings, and equipment to carry out its plans.

Name: Investing activities are the means an organization uses to pay for resources like land, buildings, and equipment to carry out its plans.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Investing activities involve the purchase and sale of long-term assets and other investments, not the means of payment for resources. Financing activities are used to pay for resources.

Investing Activities Are the Means an Organization Uses to Pay