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Direct Method
An accounting method used to allocate service department costs directly to producing departments without any intermediate allocation.
Operating Activities
Operating activities involve the primary, day-to-day activities that a company engages in to generate revenue, such as sales, provision of services, and production.
Credit Sales
Sales made on credit, where the payment is received after the delivery of the goods or services.
Cash Dividends
Cash dividends are payments made by a company out of its profits to shareholders, distributed in cash, representing a share of the corporation's earnings.
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