Of the three major activities of a firm, cash transactions associated with running the business are known as Blank______.Multiple choice question.revenueinvestmentsoperationsfinancing
Question
Of the three major activities of a firm, cash transactions associated with running the business are known as Blank______.Multiple choice question.revenueinvestmentsoperationsfinancing
Solution
The correct answer is "operations". Cash transactions associated with running the business are known as operations. This includes all the day-to-day transactions that keep the business running, such as paying employees, purchasing supplies, and selling products or services.
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