Business sectors
Which sector involves the extraction of raw materials such as agriculture and mining
Primary
What does a company acquire in investing activities
A) Long term assets
B) employees
C) raw materials
Long term assets
What is the primary goal of operating activities
Generating revenue
Which of the following is considered a financing activity
A) purchasing inventory
B) issuing new shares of stock
C) paying rent
Issuing new shares of stock
What sector includes the manufacturing and processing of goods?
Secondary
Which of the following is considered an investing activity
A) purchasing machinery
B) paying wages
C) selling products
Purchasing machinery
Which activity generates cash inflows from customers
A) selling products
B) taking out a loan
C) issuing stock
Selling products
What is financing activity's aim
A) pay for short term expenses
B) fund business growth or operations
C)generate operational revenue
Fund business growth or operations
Which sector focuses on providing services such as Healthcare, banking , and retail?
Tertiary
Which is an example of an investing activity in a business
A) selling old assets
B)paying taxes
C) issuing dividends
Selling old assets
Which of these is NOT considered an operating activity
A) Paying utility bills
B)purchasing land
C) Managing inventory
Purchasing land
Which of these would generate a cash inflows from financing activities
A) borrowing money from a bank
B) paying suppliers
C) purchasing raw materials
Borrowing money from a bank
What sector is involved in research, development and technology
Quaternary
What is a cash inflow in investing activities?
Cash received from selling a building
Which of the following is an operating activity
A) buying new equipment
B) paying employee salaries
C) selling old machinery
Paying employee salaries
What is core business?
The main activity that organizations are involved in
Which asset is typically purchased as part of investing activities
A) office suppliers
B) equipment
C) marketing software
Equipment
Which statement best describes operating activities
A) activities related to long term investments
B) day to day functions for generating income
C) activities focused on securing financing
Day to day functions for generating income