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Frequently, Features of a Bill Are Drafted Initially or Revised

question 14

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Frequently, features of a bill are drafted initially or revised so as to be more inclusive, spreading the benefits widely among beneficiaries according to the principle of


Definitions:

Operating Activities

Activities that relate directly to the primary operations of the company, such as production, distribution, marketing, and selling of goods and services.

Indirect Method

A way of reporting cash flows from operating activities in the cash flow statement where net income is adjusted for changes in balance sheet accounts to calculate the cash from operations.

Accounts Receivable

Represents money owed to a company by customers for products or services sold on credit.

Indirect Method

A method of preparing the cash flow statement where net income is adjusted for changes in balance sheet accounts to calculate cash from operating activities.

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