Examlex
The term "Harvard method" refers to:
Direct Approach
A method of preparing the statement of cash flows where major categories of gross cash receipts and payments are reported.
Indirect Approach
A method of communication or problem-solving that is not straightforward, often involving suggestion or implication rather than direct statements.
Investing Activities
Financial operations that involve the purchase and sale of long-term assets and other investments not considered cash equivalents.
Financing Activities
Refers to the transactions and events that affect long-term liabilities and equity of a company, including issuing debt, selling shares, and paying dividends.
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