Examlex
Which of the following resources of the organization is Fayol's principle of work specialization focused on?
Indirect Method
A method of reporting cash flows from operating activities by adjusting net income for changes in non-cash accounts.
Direct Method
A way of preparing the cash flow statement where actual cash flow information from the company's operations is used.
Operating Activities
Transactions and events that affect net income, primarily related to the core operations of a business.
Direct Method
An approach to cash flow statement preparation that lists major classes of gross cash receipts and payments.
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