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At the beginning of the season, a sports writer predicts the teams that will finish in the top three places in the eastern, central, and western divisions. In this scenario, which type of measurement scale is the sports writer likely to have used?
Operating Activities
Activities directly related to the day-to-day operations of a business, such as selling products or services, which are reflected in the company's cash flow from operating activities.
Direct Method
A cash flow statement preparation method that lists specific operating cash receipts and payments, directly showing sources and uses of cash.
Indirect Method
A cash flow statement approach that adjusts net income for changes in non-cash accounts to calculate cash from operating activities.
Operating Activities
Activities directly related to the operation of the business, including cash flows from operations, investing, and financial activities.
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