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Before Binet, the Notion of General Mental Ability Had Been

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Before Binet, the notion of general mental ability had been propounded by


Definitions:

Net Cash

The amount of cash available after accounting for cash inflows and outflows.

Net Income

The total revenue minus total expenses, indicating the profit earned by a business during a specific period.

Operating Activities

Activities related to the primary operations of a business, such as sales, supply chain management, and customer service.

Indirect Method

A method used in cash flow statement preparation that adjusts net income for changes in balance sheet accounts to convert it from accrual to cash basis.

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