Examlex
What is included in the Aggregate UCR Survey?
Indirect Method
A method of reporting net cash flow from operating activities on the cash flow statement by adjusting net income for changes in the balance sheet accounts.
Depreciable Asset
An asset that loses value over time due to wear and tear, decay, or decline in usefulness, and whose cost can be allocated over its useful life.
Patent Amortization
The gradual expense recognition over time of a patent, reflecting its decreasing value or utility over its legal lifespan.
Indirect Method
A way of calculating cash flows from operating activities by starting with net income and adjusting for non-cash transactions.
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