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Describe the four step sequence for an intake interview as suggested by Brown, Brown and Associates.
Operating Activities
Activities that relate directly to the principal revenue-generating activities of a business, such as sales and service provision.
Indirect Method
A method used in cash flow statements to adjust net income for non-cash transactions and changes in working capital to arrive at operating cash flow.
Cash Flows
The complete sum of cash flowing in and out of a company, particularly influencing its ability to cover immediate expenses.
Investments
Assets purchased with the expectation that they will generate income or appreciate in value over time.
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