Question

Each of the following are classified as an operating activity except: multiple choice payment of salaries collection of credit sales receipt of dividend revenue purchase of short-term investments

Answer 1

purchase of short-term investments

Step-by-step explanation:

The operating activity deals in payment and receipts of the cash payment and cash receipts with regard to day to day expenses, sales, etc

It can involved the salaries payment, credit sales, dividend revenue

But does not include the purchase of short term investment as it is the part of the investing activity not the operating activity