Which One of the Following Statements Is True

Multiple Choice

Which one of the following statements is true?

A) The two primary sources of financing available to corporations are borrowed funds and funds invested by owners.
B) Financing activities involve the acquisition of property,plant and equipment.
C) Borrowed funds are a more permanent source of financing than funds invested by owners.
D) Investing activities involve the selling of products or services and the incurring of expenses related to selling these products and services.