Examlex
Which of the following is false?
Direct Method
a cash flow statement preparation approach that shows the specific cash inflows and outflows from operating activities.
Cash Received
Cash received encompasses any inflow of cash to a business or individual, coming from various sources such as sales, loan proceeds, or investments.
Operations
The day-to-day activities involved in running a business, focusing on producing goods and services efficiently and effectively.
Cash Equivalents
Highly liquid investments that are usually reported with cash on the balance sheet.
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