Question

g Operating activities: Multiple Choice Are the means organizations use to pay for resources like land, buildings and equipment. Involve using resources to research, develop, purchase, produce, distribute and market products and services. Involve acquiring and disposing of resources that a business uses to acquire and sell its products or services. Are also called asset management. Are also called strategic management.

Answer 1

Answer:

Involve using resources to research, develop, purchase, produce, distribute and market products and services

Explanation:

Operating activities are a business's main activities. These activities ranges from manufacturing, marketing and then the selling of product/service.

They are the daily activities of a company that is engaged in production and sales of its product, revenue generation.

It is very important because it gives cash flow information as it relates to the every day operation of the business and from this the viability of the business can be seen.