In operating a business there are a number of indicators. Which of the following is not an indicator of a business operation?Group of answer choicesIntention to make a profitRepeat similar type of activitiesActivity is plannedHave registered a business nameKeep business records and account booksObtain an ABNWorks part-time for wages

Which of the following is NOT a key component of accounting information?Group of answer choicesProfit and loss statementsTax analysisBalance SheetsBusiness Plan

In the Cash Flow Statement, OPERATING activities are concerned with:Group of answer choicesborrowing or lending.the sale or disposal of non-current assets.the trading and/or service operations of the business.none of the above.

Buying assets required to operate a business is an example of a/an:  advertising activity.   financing activity.   investing activity.   operating activity.

Which of the following is not an example of operations work?Hiring and firing employeesInstalling new softwareResolving help desk ticketsProcessing accounts receivable receiptsFinal Answer

Which of the following items would be classified as an investing activity in a statement of cash flows?Group of answer choicesPayments for businesses.Proceeds from the repayment of related party loans.Proceeds from the sale of plant and equipment.All of the items would be classified as investing activities.