Examlex
Which word-of-mouth tactic spreads quickly through email and social media?
Operating Expenses
The ongoing costs for running a business that are not directly tied to the production of goods or services, such as rent, utilities, and salaries.
Indirect Method
A way of preparing the cash flow statement where net income is adjusted for non-cash transactions, deferrals, and accruals to calculate cash flow from operating activities.
Sale of Equipment
a transaction where a business disposes of machinery or equipment, typically recorded as an incoming cash flow or gain/loss in financial statements.
IFRS
International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board (IASB) that serve as a global framework for financial statements.
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