Examlex
Which of the following is FALSE?
Direct Method
A way of preparing a cash flow statement where actual cash flow information from the company’s operations is used, directly showing cash receipts and cash disbursements.
Machine Hours
A measure of production output based on the amount of time machinery is operated.
Number Of Employees
The total count of individuals employed by a company or organization, either full-time or part-time.
Step-down Method
A method used in cost accounting to allocate service department costs to producing departments, considering inter-departmental services.
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