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The following data is provided for last year. Net income was $210,000. Current receivables and prepaid expenses increased by $10,000 and $2,000, respectively. Current payables decreased by $8,000. Under the indirect method, the cash flows from operating activities would be:
Bureaucratic Structure
An organizational structure characterized by fixed divisions of labor, a hierarchy of authority, and detailed rules and regulations guiding operations.
Worker Empowerment
The process of giving employees authority, resources, and skills to make decisions and contribute to the organization's success independently.
Entrusting Work
Delegating tasks or responsibilities to another individual or team, often with a level of confidence in their capabilities.
Delegation
The process of distributing and entrusting work to others.
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