Data Models Are Created During the ________ Step

question 25

Short Answer

Data models are created during the ________ step.

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Definitions:

Indirect Method

A cash flow statement approach that adjusts net income for changes in balance sheet accounts to identify cash flow from operating activities.

Operating Activities

Activities that involve the core business operations of a company, such as selling goods and services.

Depreciation Expense

The allocated portion of the cost of a tangible asset that is expensed in each accounting period during its useful life, reflecting wear and tear, deterioration, or obsolescence.

Indirect Method

A method of preparing the cash flow statement in which net income is adjusted for changes in balance sheet accounts to calculate the cash from operating activities.