Examlex
Match each ion with the MOST appropriate characteristic.
-A- ___
Loss
A financial condition where expenses exceed revenues, resulting in a negative net income for a business.
Sale of Equipment
The process of disposing of business equipment, which is recorded as a financial transaction affecting company assets.
Cash Flows
The inflows and outflows of cash and cash equivalents for a business, reflecting its operational, investing, and financing activities.
Operating Activities
Activities directly related to the running of a business for profit, including production, sales, and day-to-day operations.
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