Examlex
All of the following are characteristics of developmentally appropriate practices except
Residual Value
The estimated value that an asset will have at the end of its useful life, often used in calculating depreciation.
Indirect Method
A method used in the preparation of cash flow statements, where net income is adjusted for non-cash transactions, deferrals, and accruals to calculate net cash from operating activities.
Operating Activities
Activities directly related to the production and delivery of goods and services, which are central to a company's operations and cash flow.
Residual Value
The estimated amount that an asset is expected to be worth at the end of its useful life.
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