Multiple Choice
In order to assess an entity's cash performance it is common to classify its activities into operating, investing and financing. For a medical practice, which of the following would be an operating activity?
A) Billing a patient for a consultation.
B) Purchasing new equipment for the surgery.
C) Repaying a portion of a loan.
D) Selling an old computer.
Correct Answer:
Verified
Correct Answer:
Verified
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