Asked by
Apurva Muddappa
on Nov 02, 2024Verified
Yashmi is involved in obtaining new funds to run and expand the business.She is engaged in an investing activity.
Investing Activity
Refers to the purchase and sale of long-term assets and other business investments, typically not related to the entity's ordinary line of business.
Obtaining Funds
The act of securing financial resources for personal or business needs through various means such as loans, investments, or grants.
- Discern the roles and activities involved in financing, investing, and operating within a business.
Verified Answer
SH
Learning Objectives
- Discern the roles and activities involved in financing, investing, and operating within a business.
Related questions
Investing Activities Focus on Selling Goods and Services,but They Also ...
Accountants Play a Role in All Three Business Activities: Financing,investing,and ...
Financing Activities Focus on Providing Valuable Assets Required to Run ...
Which of the Following Activities Involves Raising the Necessary Funds ...
A Company Acquires Equipment for $75,000 Cash ...