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17. Which activities are associated with the acquisition and disposal of long-term assets (for example the purchase of equipment or purchase of an office building): (4 points) A) Financing Activities B)
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17. Which activities are associated with the acquisition and disposal of long-term assets (for example the purchase of equipment or purchase of an office building): (4 points) A) Financing Activities B) Investing Activities C) Operating Activities D) None of the above

User Boogz
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4 votes

Answer:

B) Investing Activities

Step-by-step explanation:

Investing activities deal with cash transactions involving movement of items of Property, Plant and Equipment. These transactions include purchase costs and sale proceeds of assets.

User Covertbob
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