Examlex
One turn of the Calvin cycle fixes a molecule of CO2 gas and is driven by 3 molecules of ATP and 2 molecules of NADPH from the light reactions.Which of the following is true?
Direct Method
The direct method is a way of preparing cash flow statements where actual cash flows from operating activities are reported instead of adjustments from net income.
Direct Approach
A method used in accounting that focuses on the immediate recognition of revenues and expenses when they are incurred, without adjusting for accruals.
Indirect Approach
A method used in the preparation of the cash flow statement where net income is adjusted for non-cash transactions and changes in working capital.
Investing Activities
Financial transactions related to the acquisition and disposal of long-term assets and other investments not included in cash equivalents.
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