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Question: Match each transaction a through e to one of the following activities of an organization: financing activity (F), investing activity (I), or operating activity (O).

c. An organization advertises a new product.

Short Answer

Expert verified

An organization is a group of people who works for one common goal and advertising expense will come under operating activities

Step by step solution

01

Step-by-Step SolutionStep 1 Definition of Organization

The organization refers to the group of people who comes together to achieve one common organizational goal.

02

Choosing the correct activity

The advertising expenses for the new product will come under operating activities of the cash flow of business. The adverting expense will help the business to increase the revenue of the business.

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