Examlex
Fourth-generation programming languages look similar to human languages.
Cost of Goods Sold
The direct costs tied to the production of the goods sold by a company, including direct labor, materials, and manufacturing overhead.
Direct Method
A cash flow statement preparation approach that lists major classes of gross cash receipts and payments.
Operating Activities
Business activities related directly to the production and delivery of goods and services, generating revenue and cash flow.
Indirect Method
A technique used in cash flow statement preparation that adjusts net income for changes in non-cash accounts to compute cash flow from operating activities.
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