Question

What are Operating Activities?

a.

Investing and financing activities

b.

Principal revenue-producing activities and other non-operating activities

c.

Long-term planning and strategy formulation

d.

Short-term commitments and investments

Posted under IC 89 Management Accounting

Answer: (b).Principal revenue-producing activities and other non-operating activities Explanation:Operating Activities are defined as the principal revenue-producing activities of a firm and other activities that are not investing or financing activities.

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