Examlex
Identify the three major categories of project costs and give an example of each.
Fixed Assets
Tangible assets held for a long duration, employed in business operations, and not anticipated to be converted into cash or consumed within a short period.
Financial Statements
Reports that provide an overview of a company's financial condition in an accounting period, including the income statement, balance sheet, cash flow statement, and statement of changes in equity.
Statement of Changes
A financial statement that reports on the changes in equity of a company during a specific period.
Inflow of Cash
The total amount of money coming into a company, typically from operations, investments, and financing.
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