Question

What is the primary focus of Investing Activities?

a.

Short-term commitments

b.

Acquisition and disposal of long-term assets and other investments

c.

Principal revenue-producing activities

d.

Financing and borrowing activities

Posted under IC 89 Management Accounting

Answer: (b).Acquisition and disposal of long-term assets and other investments Explanation:Investing activities involve the acquisition and disposals of long-term assets and other investments not included in cash equivalents.

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Q. What is the primary focus of Investing Activities?
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