Two Major Features of RITS Are the System Queue and the Auto-

question 64

True/False

Two major features of RITS are the System Queue and the Auto- Offset facility.

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Definitions:

Statement Of Cash Flows

A financial report that shows how changes in balance sheet accounts and income affect cash and cash equivalents, breaking the analysis down to operating, investing, and financing activities.

Gain

An increase in wealth, assets, or profits, often realized from investments or other financial transactions.

Fixed Assets

Long-term tangible assets, such as buildings, machinery, and equipment, that are used in the operations of a business and are not expected to be consumed or converted into cash within a year.

Investing Activity

A category in the cash flow statement that shows how much money has been spent on or gained from investment operations, excluding amounts related to day-to-day operations.