Examlex
The Apple iPhone uses a version of Apple's ________ as its operating system.
Operating Activities
Transactions and other events related to the core business functions of an entity, generally involving the production, sales, and delivery of goods and services.
Gain
A financial increase resulting from a transaction that exceeds the cost or value of the item sold or exchanged.
Direct Method
A way of preparing the cash flow statement where actual cash flows from operating activities are listed directly.
Operating Activities
Business activities related to the day-to-day functions of producing goods or offering services, impacting the company's cash flow.
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