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Which of the following is true regarding community corrections?
Property, Plant, Equipment
Long-term tangible assets owned by a business, used in its operations and not intended for resale, such as buildings, machinery, and vehicles.
Operating Activities
Business activities directly related to the production and delivery of goods and services, impacting the operating income.
Direct Method
The direct method is a way of preparing the cash flow statement that involves listing all the major operating cash receipts and payments during the period, showing the net cash provided by operating activities.
Operating Expenses
Recurring expenses incurred through normal business operations, such as rent, utilities, and payroll, excluding COGS.
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