Examlex
What do you call a setup where Microsoft Access is stored on a file server and three trusted users access the database from their local computers?
Cash Dividends
payments made to shareholders out of a company’s profits, distributed as cash.
Increase in Income Taxes Payable
An accounting term referring to a rise in the amount of income taxes a company owes to the government, yet has not paid.
Direct Method
A cash flow statement preparation method that shows the specific sources of operating cash receipts and payments.
Indirect Method
A financial reporting approach used in cash flow statements where net income is adjusted for non-cash transactions, depreciation, and changes in working capital to determine cash flow from operating activities.
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