Examlex
Match the terms with their descriptors.
-involves the level of permission granted to a particular user
Indirect Method
A way of reporting cash flows from operating activities in the cash flow statement where net income is adjusted for changes in balance sheet accounts to calculate the cash from operations.
Accounts Receivable
Represents money owed to a company by customers for products or services sold on credit.
Indirect Method
A method of preparing the cash flow statement where net income is adjusted for changes in balance sheet accounts to calculate cash from operating activities.
Net Income
Represents the total earnings of a company after subtracting all expenses, taxes, and costs from its total revenue.
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