Examlex
Two of the following proverbs have similar meanings. Which ones are they?
Operating Activities
The day-to-day actions that involve the production, sales, and delivery of a company's product or service, as reflected in its income statement.
Statement Of Cash Flows
A financial document that provides a summary of a company's cash inflows and outflows over a specific period.
Indirect Method
A technique used in cash flow statements where net income is adjusted for changes in balance sheet accounts to calculate cash flow from operating activities.
Operating Activities
Actions related to the day-to-day functions of a business that directly affect its cash inflows and outflows, such as sales, purchase of inventory, and payment of salaries.
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