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12 Which of the following best describes a company's operating activities? a. Operating activities are cash flows directly related to earning income. b. Operating activities

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Which of the following best describes a company's operating activities? a. Operating activities are cash flows directly related to earning income. b. Operating activities are necessary to provide the money to start a business. c. Operating activities are needed to provide the valuable assets required to run a business. d. Operating activities represent the right to receive a benefit in the future

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