Examlex
A(n) _____ is a tax collected on goods shipped across national boundaries.
Cash Payment
The act of settling a debt or paying for goods or services with cash or equivalent instruments, such as checks.
Direct Method
A way of preparing the cash flow statement where actual cash flow information from operating activities is used instead of adjustments to net income.
Revenues
income that a business receives from its normal business activities, usually from the sale of goods and services to customers.
Operating Activities
Transactions and events that affect the net income of a business, related to its principal revenue-producing activities.
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