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For the position of firefighter in Redville, the physical requirements are rigorous and the selection process involves many ability tests. Mark has a hearing impairment. This impairment alone caused him to be disqualified, even though Mark passed all the other physical tests and pencil-and-paper tests that were conducted earlier. This is an example of:
Net Cash
The difference between a company's total cash inflows and outflows over a specific period.
Operating Activities
Business actions that are directly related to the production, sale, and delivery of products or services, which are reflected in the company's income and cash flow statements.
Cash Basis
A bookkeeping approach that registers income and expenses at the time cash is exchanged, rather than when they are accrued.
Direct Method
An accounting practice of allocating support department costs directly to producing departments without consideration for interdepartmental services.
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