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Match the Term with the Appropriate Phrase

question 18

Multiple Choice

Match the term with the appropriate phrase. You may use each answer once, more than once or not at all.
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Definitions:

Sale of Equipment

The process of disposing of business equipment, which is recorded as a financial transaction affecting company assets.

Cash Flows

The inflows and outflows of cash and cash equivalents for a business, reflecting its operational, investing, and financing activities.

Operating Activities

Activities directly related to the running of a business for profit, including production, sales, and day-to-day operations.

Direct Method

A cash flow forecasting technique that itemizes and records actual cash inflows and outflows, rather than using an indirect calculation.

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