Examlex
Graphically representing the processes that capture, manipulate, store, and distribute data between a system and its environment and among components within a system refers to:
Direct Method
A accounting approach for creating the cash flow statement, which lists major classes of gross cash receipts and payments.
Operating Activities
Activities related to the day-to-day functions of a business involved in producing and selling its products or services, which are reflected in its cash flow.
Patent Amortization
The gradual expensing of the cost of a patent over its useful life, reflecting the consumption of the patent's value.
Depreciation Expense
The allocated portion of the cost of a fixed asset expensed each year over its useful life, representing wear and tear or obsolescence.
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