Investing activity
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Investing activity is any activity such as purchase and sale of plant and equipment and placing excess cash in stocks, bonds, and notes of other companies.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Investing activities. Activities such as purchase and sale of plant and equipment and placing excess cash in stocks, bonds, and notes of other companies.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
