Examlex
Please define the following key terms. Show Who? What? Where? When? Why Important?
-Horace
Quality of Earnings
An assessment of the degree to which a company's earnings are derived from sustainable, core business activities.
Productive Assets
Assets that are utilized in the production process to generate revenue, including machinery, buildings, and equipment.
Investing Activities
Financial transactions related to the acquisition or sale of long-term assets and other investments not considered cash equivalents.
Direct Method
An accounting practice for presenting cash flows from operating activities by listing major classes of gross cash receipts and payments.