Examlex
The set of behaviors and tasks that a member of the group is expected to perform because he or she is a member of the group is known as
Selling and Administrative Expense
Costs incurred by a company from its selling activities and the management of the overall company, excluding production costs.
Cash Basis
A bookkeeping approach that only recognizes earnings and outgoings at the time cash is exchanged.
Financing Activities
Activities that result in changes in the size and composition of the equity capital or borrowings of a company.
Direct Method
A cash flow statement preparation approach where actual cash flow information from the company's operations is used, as opposed to indirect methods which adjust net income.
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