Examlex
Which statement is true of transaction-processing systems?
Depreciation Expense
The allocated portion of the cost of a tangible or physical asset that is charged as an expense over its useful life.
Operating Activities
Activities directly related to the business's primary operations, such as selling products or services, which are reflected in the company's cash flow.
Net Income
Net income is the total profit a company generates after subtracting all its expenses, taxes, and losses from its total revenue.
Operating Activities
Activities that constitute the primary or main activities of an entity, including the production, sales, and delivery of the company’s product as well as collecting payment from its customers.
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