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Transactions related to the primary business activities of the company, such as selling goods and services to customers, are referred to as:___________

Respuesta :

Answer:

OPEREATING ACTIVITIES

Explanation:

The transactions related to business core , routine activities of manufacturing/ trading its niche goods / services are : Opereating Activities.

These don't include business activities unrelated to its goods & services  - activities like financing , investing are excluded . These also exclude non recurring transactions like - asset sale , purchase etc .

Opereating Activities generate : Opereating Revenue - includes proceeds due to business routine activities sale (Extra Income like Interest , Rent not included) ; Opereating Expenses - Includes cost of goods sold , including direct (production / purchase) & indirect (selling) costs .

On the basis of these Opereating Activities (Expenses , Revenue) :  Opereating Profit is calculated .

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