Which statements are true regarding day-to-day operating activities?

Day-to-day operating activities are fundamental to the calculation of operating cash flows, as they encompass the routine transactions and processes that a business undertakes to generate revenue. These activities typically include sales of goods and services, payments to suppliers, employee wages, and general administrative expenses.

Operating cash flow specifically measures the cash generated from these core business operations, providing insight into the company’s ability to sustain itself and grow through its fundamental activities. Therefore, understanding and analyzing these operating activities is essential for assessing a company's liquidity and overall financial health.

In contrast to this, statements referring to operating activities as irrelevant to financial performance or categorizing them under financing activities misinterpret the role these activities play in a company’s financial framework. Additionally, the notion that they do not influence investing activities overlooks the fact that effective day-to-day operations can lead to better investment opportunities and outcomes.