Examlex
Which type of format is organized around the medical services offered in the clinical facility?
Direct Method
An approach to preparing the cash flow statement that lists actual cash inflows and outflows from operating activities.
Operating Activities
The day-to-day actions and transactions that relate to the primary operations of a business, such as sales and purchasing.
Cash Payments
Cash payments refer to transactions where cash is transferred from one party to another, typically as a method of settling debts or paying for goods and services.
Direct Method
A cash flow statement preparation approach that lists major classes of gross cash receipts and payments, providing a clear view of a company's operating cash flows.
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