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Which listing of geological periods is in the correct order, from oldest to most recent?
Indirect Method
A cash flow statement approach that adjusts net income for non-cash transactions and changes in working capital.
Operating Activities
Transactions and events that pertain to the primary business operations, impacting the net income and involving cash flows related to operating expenses and revenues.
Indirect Method
A method for preparing cash flow statements where net income is adjusted for changes in balance sheet items to compute cash from operating activities.
Operating Activities
Transactions related to the primary operations of a business, such as sales revenue and expenses, that affect the cash flow.
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