Examlex
Which elements must be present for communication to occur? (Select all that apply. )
Indirect Method
Indirect Method is a way of reporting cash flows from operating activities in the cash flow statement by starting with net income and adjusting for non-cash transactions and changes in working capital.
Operating Activities
Activities that involve the primary, day-to-day operations of a business, such as sales, supply chain management, and general administrative tasks.
Indirect Method
An approach used in cash flow statement preparation, where net income is adjusted for non-cash transactions and changes in working capital.
Cash Flow
The total amount of money being transferred into and out of a business, especially as affecting liquidity.
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