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The Process of Makingsystematic Change in an Organization Is Referred

question 4

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The process of makingsystematic change in an organization is referred to as:


Definitions:

Fiscal Year

A twelve-month period used for accounting purposes and financial reporting by an organization, which may not align with the calendar year.

Indirect Method

The indirect method is an approach to calculating cash flows from operating activities by starting with net income and adjusting for non-cash transactions.

Operating Activities

Transactions and other events related to the primary business activities of an entity, such as sales and service provision.

Net Income

The total earnings of a company after all expenses and taxes have been subtracted from revenue.

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