Examlex
What is the difference between a primary and secondary group?
Cost of Goods Sold
The total direct costs attributable to the production of goods sold in a company.
Cash Basis
An accounting method that records revenues and expenses when they are actually received or paid, respectively.
Operating Activities
Transactions and events that relate to the core business operations of a company, such as selling products, providing services, and incurring necessary expenses.
Cash Dividend
A financial disbursement by a corporation to its stockholders, typically from earnings distribution.
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