An example of a financing activity is:

A) Buying office supplies.
B) Obtaining a long-term loan.
C) Buying office equipment.
D) Selling inventory.
E) Buying land.

Financing Activity

Activities that result in changes in the size and composition of the equity capital or borrowings of a company.

Long-term Loan

A loan with a repayment period typically extending beyond one year, used for financing significant investments or acquisitions.

Office Supplies

Items and materials used in offices for daily operations, such as paper, pens, and binders.