Given list of cash activities is divided among operating activities, financing activities and investing activities in the explanation section.
Explanation:
Paid for Advertising Operating Activity
Paid for Office Equipment Investing Activity
Issued Capital Stock Financing Activity
Paid officers salaries Operating Activity
Sold services Operating Activity
Paid rent : Operating Activity
Paid dividends: Financing Activity
Issued a note payable: Financing Activity
Paid rent: Operating Activity
Sold excess office equipment: Investing Activity
Operating Activities include cash generated from operations, Interest Paid and Tax Paid.
Investing Activities include payment to acquire or proceeds from sale of property, plant and equipment, proceeds from government grants, interest and dividend received.
Financing Activities include proceeds from issue of shares, proceeds from long term borrowings, dividends paid etc.
This statement is false because operation strategy is ever changing, continually revised, reviewed and coordinated with new and latest evolving corporate strategies which will ensure efficiency and productivity remains at it peak.