Examlex
Efficiency within economics focuses on
Direct Method
A technique used in cost accounting to allocate service department costs directly to production departments without considering service department interactions.
Operating Activities
The day-to-day tasks involved in managing a business which include production, sales, and the purchase of inventory.
Cash Dividends
A distribution of a company's earnings to shareholders in the form of cash payments.
Direct Method
A way of preparing a cash flow statement where actual cash inflows and outflows from operational activities are listed directly.
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