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estion 15 Paying dividends declared is considered what type of business activity? yet wered ked out of Jag question Select one: O a. Operating activity O b. Investing activity c. Financing activity O d. Payment activity estion 16 To report the success or failure of the company's operations during the period is the purpose of the tyet wered rked out of 2 Select one: a. Statement of Income Flag question b. Statement of Changes in Equity c. Statement of Cashflows O d. Statement of Financial Position Queston 17 Not yet The financial statement which presents a picture of what a business owns and owes at a point in time is a(n) answered Marked out of 1.00 Flag question Select one: O a. Statement of Changes in Equity b. Statement of Cashflows O c. Statement of Income O d. Statement of Financial Position Question 18 Borrowing money is considered what type of business activity? Not yet answered Marked out of 1.00 Flag question Select one: O a. Financing activity O b. Investing activity O c. Borrowing activity O d. Operating activity Question 19 Not yet Accounting is an information system that identifies, records, and communicates economic events of an organization to interested users. answered Marked out of 1.00 Flag question Select one True False Question 20 Purchasing a building is considered what type of business activity? Not yet answered Marked out of 1.00 Select one: O a. Financing activity F Flag question O b. Buying activity O c. Investing activity O d. Operating activity