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1) Operating activities are A - the principal revenue producing activities of the entity and other activities that are not investing or financing activities. B-

1) Operating activities are

A - the principal revenue producing activities of the entity and other activities that are not investing or financing activities.

B- the minor revenue activities of the entity and other activities that are not interest or financing activities.

C - the principal cash flow activities of the entity and other activities that are not investing or financing activities.

2) Repayment of the loan is an example of ____.

A - Operating activities

B - Investing activities

C - Financing activities

3) What is the definition of "Sole Trader"?

A - This type of entity is a separate legal entity. It does not have to comply with IFRS. It is the largest and least complex of the entities.

B- This type of entity is not a separate legal entity. It does have to comply with IFRS. It is the smallest and least complex of the entities.

C- This type of entity is not a separate legal entity. It does not have to comply with IFRS. It is the smallest and least complex of the entities.

D - This type of entity is not a separate legal entity. It does not have to comply with IFRS. It is the smallest and most complex of the entities.

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