Examlex
Word automatically numbers notes sequentially by placing a(n)____________________ in the body of the document and also to the left of the note text.
Statement of Cash Flows
A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, breaking the analysis down to operating, investing, and financing activities.
Direct Method
In cash flow reporting, this accounting method lists major cash inflows and outflows directly, showing the exact sources and uses of cash during the reporting period.
Gain on Sale
The financial benefit realized when selling an asset for more than its book value or cost basis.
Operating Activities
Activities directly related to the day-to-day operations of a business, including revenue and expense transactions affecting net income.
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