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1 10.00 points TB 06-11 The receipt of cash is one of the operating activi.. The

ID: 2599213 • Letter: 1

Question

1 10.00 points TB 06-11 The receipt of cash is one of the operating activi.. The receipt of cash is one of the operating activities of O companies that sell goods but not companles that sell services merchandising, manufacturing, and service companles 0 companies that sell goods they bought from others but not O companies that sell to consumers but not companies that sell to ot companles that make the goods they sell. her companles. Difficulty: Medlum TB 06-11 The receipt of cash is one of the Learning Objective: 06-01 Distinguish Among Service operating actM Merchandising; and Manufacturing Operations

Explanation / Answer

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As receipt cash is operating activity for all type of business operations, regardless of the nature of business being conducted .