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According to the expectancy theory, rewarded behavior is likely to be repeated, whereas punished behavior is less likely to be repeated.
Indirect Method
In accounting, this method is used in cash flow statements to convert net income into net cash flow from operating activities by adjusting for non-cash transactions.
Accounts Receivable
Financial obligations of customers to a firm for delivered or utilized goods or services awaiting payment.
Accrued Liabilities
Liabilities recorded on a company's balance sheet for expenses that have been incurred but not yet paid, capturing the company's financial obligations at a particular point in time.
Prepaid Expenses
Costs paid in advance for goods or services, which are recorded as assets to be used or recognized as expense over time.
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