Examlex
A clean audit opinion is not the same as an unmodified opinion.
Statement of Cash Flows
The statement of cash flows is a financial report that outlines the cash inflows and outflows from operating, investing, and financing activities, indicating how a company generates and uses cash.
Accounts Receivable
Money owed to a company by its customers for goods or services that have been delivered but not yet paid for.
Depreciation Charges
The allocation of the cost of tangible assets over their useful lives, reflecting the decrease in value over time.
Retained Earnings
The portion of net income left over for the business after it has paid out dividends to its shareholders.
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