Examlex
When preparing the statement of cash flows using the indirect method, a non-cash expense such as amortization is added to net income to arrive at cash flows from operating activities.
Environmental Impact Statement
A document that provides a detailed analysis of the potential effects a proposed project or action may have on the environment, as required by law, before certain actions can proceed.
National Environmental Policy Act
A United States environmental law that promotes the enhancement of the environment and established the President's Council on Environmental Quality.
Truth in Lending Act
A federal law designed to protect consumers in credit transactions by requiring clear disclosure of key terms of the lending arrangement and all costs.
Bait-and-Switch
A deceptive marketing strategy where a merchant lures customers with the promise of a product or service but then switches to selling a different, often inferior, item.
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