Examlex
Publishing false information about another's product is conversion.
Indirect Method
A method of computing the net cash provided by operating activities that starts with net income and adjusts it to a cash basis. It is also known as the reconciliation method.
Inventory
Raw materials, work-in-process, and finished goods that a company holds with the intent to sell or use in production.
Wages Payable
An account that records the amounts owed to employees for work performed that have not yet been paid.
Cash Flow
The total sum of cash and cash-like assets moving in and out of a company.
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