Examlex
What cause the challenges that occur while implementing new enterprise systems?
Indirect Method
A way of preparing the cash flow statement, where net income is adjusted for non-cash transactions and changes in working capital.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting the asset's consumption or wear and tear.
Accounts Receivable
Outstanding payments from customers for goods or services rendered by a company which have not been settled yet.
Direct Method
A way of preparing the cash flow statement where actual cash inflows and outflows from operating activities are reported, as opposed to the indirect method.
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