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Traits and skills of collaborative leaders include:
Investments
Investments are assets or items acquired with the goal of generating income or appreciation, including stocks, bonds, real estate, or other vehicles of value.
Direct Method
A cash flow statement preparation method that discloses major classes of gross cash receipts and payments, as opposed to the indirect method which adjusts net income for non-cash transactions.
Operating Expenses
Operating expenses are the costs associated with running a business's core operations on a daily basis, excluding the cost of goods sold, such as rent, utilities, and payroll.
Accrued Expenses
Expenses that have been incurred but not yet paid or recorded, recognizing costs as they are earned rather than when they are paid.
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