Acquisition of a competitor

问题如下：

Which of the following items would most likely be classified as an operating activity?

选项：

A.

Issuance of debt.

B.

Acquisition of a competitor.

C.

Sale of automobiles by an automobile dealer.

解释：

C is correct.

Sales of products, a primary business activity, are classified as an operating activity. Issuance of debt would be a financing activity. Acquisition of a competitor and the sale of surplus equipment would both be classified as investing activities.

解析：销售商品是一项主要的商业活动，被归为经营活动。发债属于融资活动。并购竞争者属于投资活动。