Examlex
The needs to know and to understand,as proposed by Maslow,are:
Operating Activities
Transactions and events that relate to the primary operations of the company, including revenue and expense activities.
Cash Flows
The cash that is moving into and out of a business, representing its operating, investing, and financing activities over a specific period.
Ending Inventory
The worth of products ready for purchase at the conclusion of a financial period.
Understatement
An error or omission that causes the reported amount or value of an asset, liability, income, or expense to be lower than the true amount.
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