Examlex
Which of the following is not a Word function?
Loss
The negative financial result from a business’s operations or transactions when costs and expenses exceed revenues.
Net Income
The amount of money left after all expenses, taxes, and costs have been subtracted from total revenue, indicating the profit earned by a company.
Indirect Method
A cash flow statement preparation method that adjusts net income for the changes in balance sheet accounts to calculate the cash from operating activities.
Depreciation
The methodical distribution of a physical asset's cost across its lifetime, reflecting the asset's depreciation, wear, and eventual obsolescence.
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