This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Identify and describe the three types of business activities. What will be an ideal ... (Read 49 times)

madam-professor

  • Hero Member
  • *****
  • Posts: 584
on: Jul 5, 2018
Identify and describe the three types of business activities.
 
  What will be an ideal response?

Question 2

SAS No. 99 emphasizes auditors should brainstorm fraud risks, increase professional skepticism, use unpredictable audit test patterns, and detect management override of internal controls.
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pami445

  • Sr. Member
  • ****
  • Posts: 303
Reply #1 on: Jul 5, 2018
Answer to Question 1

The three types of business activities are called operating, investing, and financing. Operating activities are the day-to-day transactions involved in running a business. Investing activities involve the acquisition and disposal of assets used to run a business. Financing activities involve raising money from outside of a business and repaying it.

Answer to Question 2

T


madam-professor

  • Hero Member
  • *****
  • Posts: 584
Reply #2 on: Jul 5, 2018
Thank you :)


pami445

  • Sr. Member
  • ****
  • Posts: 303
Reply #3 on: Jul 5, 2018
Happy to help you


« previous next »
 

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Types of pharmacokinetic drug–drug interactions. Types of pharmacokinetic drug–drug interactions.
Blood types and results of donor and recipient combinations. Blood types and results of donor and recipient combinations.
Sample of a business card design. Sample of a business card design.
Types of proprioceptors: Muscle Spindles and Tendon Organs Types of proprioceptors: Muscle Spindles and Tendon Organs
Three types of muscle tissue Three types of muscle tissue
Math for Business and Finance: an Algebraic Approach, 3rd Edition Jeffrey Slater Math for Business and Finance: an Algebraic Approach, 3rd Edition Jeffrey Slater
Video: What are the Parts of a Plant Cell?

For a complete list of videos, visit our video library