Examlex
Which term refers to the ability of an individual or a group to alter the actions of others?
Indirect Method
A financial accounting technique used in cash flow statements to adjust net income for the effects of non-cash transactions.
Current GAAP
Generally Accepted Accounting Principles as they are presently defined and practiced in the United States for financial reporting.
Direct Method
A way of reporting cash flows from operating activities by showing major classes of gross cash receipts and payments.
Operating Activities
Operating activities involve the primary day-to-day functions of a business related to producing and selling its goods or services.
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