Examlex
Which of the following elements is most closely associated with the concept of the imaginary audience?
Equipment
Fixed assets used in the operations of a business to generate income, not intended for sale.
Investing Activities
Transactions involving the purchase and sale of long-term assets and other investments, not directly related to the company's day-to-day operations.
Cash Flow
Cash flow is the net amount of cash and cash-equivalents moving into and out of a business, indicating its liquidity, financial health, and ability to fund operations.
Land
An asset category in accounting representing real estate or property owned by a business, excluding buildings or structures on the property.
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