Examlex
Name two main drawbacks to using AFIS.
Paying Wages
The process of compensating employees for their labor, typically calculated by the hour, day, or based on output.
Cash Outflow
Money that is spent or transferred out of a business, reducing its cash balance.
Cash Equivalents
Short-term, highly liquid investments such as Treasury bills, commercial paper, and money market funds, that are made solely for the purpose of generating a return on temporarily idle funds.
Statement of Cash Flows
A financial statement that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.
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