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Question 4 Fill in the blank with the best choice below: refer to the day-to-day activities of producing and selling a produc
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Answer #1

Answer

Operating activities

Explanation -

The day to day activities of producing or selling a product or providing services are called operating activities. These are the essential activities necessary to run a business.

Investing activities are not the activities required for day to day except in case of investment companies.

Managerial activities are like completing targets and planning and monitoring the business but does not specifically related to producing and selling goods or services.

Financial accounting activities are the activities related to accouting of all transactions.

Financing activities are those activities of arrangements of finance for running of business

So the correct answer is operating activities.

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