A Continuous Measurement Such as Weight,height,or Volume Is Known as a ________

question 55

Short Answer

A continuous measurement such as weight,height,or volume is known as a ________.

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Definitions:

Inventories

Assets held for sale in the ordinary course of business, or in the process of production for such sale, or in the form of materials or supplies to be consumed in the production process.

Cash Payment

Money that is paid out by a business, often documented by a cash disbursement journal.

Direct Method

An approach to reporting cash flows from operating activities which lists major classes of gross cash receipts and payments.

Cash Flow

The sum of funds moving into and out of a company, particularly influencing its liquidity.