Examlex
Norms are best defined as
Operating Activities
Activities that relate directly to the primary operations of the company, such as manufacturing, distributing, marketing, and selling a product or service.
Cash Receipts
All money (cash, checks, electronic transfers) received by a business, recorded in its accounting system, often associated with sales or other income.
Statement of Cash Flows
A financial statement that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources, as well as all cash outflows that pay for business activities and investments during a given period.
Direct Method
A cash flow statement preparation approach that presents the specific cash flows associated with sources and uses of cash.
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