____________________ Refers to All the Records That Describe How and Why

question 27

Short Answer

____________________ refers to all the records that describe how and why a system has been developed, and how it should be used.

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Definitions:

Investing Activities

Cash flow activities that include (a) purchasing and disposing of investments and property, plant, and equipment using cash and (b) lending money and collecting the loans.

Cash Inflow

Money or equivalent value received by a business during a specific period, including revenues from sales, financing, and investment activities.

Financing Activities

Cash flow activities that include (a) obtaining cash from issuing debt and repaying the amounts borrowed and (b) obtaining cash from stockholders, repurchasing shares, and paying dividends.

Investing Activities

Financial transactions related to acquiring or selling investments and long-term assets, detailed in a company's cash flow statement.