Examlex
The main disadvantage of the direct method of reporting cash flows from operating activities is that the necessary data are often costly to accumulate.
Negotiable Instruments
Financial documents that guarantee the payment of a specific amount of money, either on-demand or at a set time, with examples including checks, promissory notes, and drafts.
IOU
An informal written document that acknowledges a debt owed.
Handwritten
Refers to text that has been written by hand, as opposed to being printed or digitally produced.
Negotiable Instrument
An official paper that obligates the payment of a fixed money amount, which can be demanded at any time or paid at a specific interval, with the document listing the responsible payer's name.
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