“The nature/type of enterprise can change altogether the category into which a particular activity may be classified.” Do you agree? Illustrate your answer.

Explanation

Yes, it will happen. as an example, there area unit 2 companies one is engaged in land and therefore the different normally business. For the firm engaged in land sale of building are considered a part of in operation activity whereas for the firm coping with general business, purchase or sale of a building is considered Associate in Nursing investment activity. Therefore, it will be same that nature and sort of enterprise determines the sort of activities.