____________________ Was Once Relegated to Second-Class Status in Many Organizations,but

question 99

Short Answer

____________________ was once relegated to second-class status in many organizations,but its importance has grown dramatically in the last two decades.

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Definitions:

Operating Activities

Cash flows related to the day-to-day functioning of a business, such as selling products or services, which are included in the first section of the cash flow statement.

Merchandiser

A business or person who promotes, buys, sells, or distributes goods and commodities for resale.

Income Statement

A report that outlines a business's financial results, including income, expenses, and net profit or loss, for a designated accounting period.

Peripheral Activity

Refers to operations or actions that are not central to the primary business functions but may still generate revenue or incur costs.