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COGNITIVE ASSESSMENT What is the purpose of memory management?
Sale of Equipment
a transaction where a business disposes of machinery or equipment, typically recorded as an incoming cash flow or gain/loss in financial statements.
IFRS
International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board (IASB) that serve as a global framework for financial statements.
Direct Method
A cash flow statement presentation method that shows actual cash flows from operating activities, detailing specific sources and uses of cash, as opposed to the indirect method which adjusts net income for non-cash transactions.
Dividends
Regular payments made by a corporation to its shareholders out of its profits or reserves.
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