Examlex
Match the person or term with the with the correct description.
-Norman Rockwell
Operating Activities
Business activities related directly to the production and delivery of goods and services, generating revenue.
Indirect Method
An accounting technique used in cash flow statements to derive operating cash flow by adjusting net income for non-cash transactions and changes in working capital.
Depreciation Expense
The allocation of the cost of a tangible fixed asset over its useful life, reflecting its consumption, wear and tear, or obsolescence.
Investing Activities
Financial transactions related to the acquisition or sale of long-term assets and investments, part of a company's cash flow statement.
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