Examlex
Which of the following processes occurs when fog "burns off"?
Net Change
Net Change refers to the difference in a financial instrument's closing price between two consecutive trading sessions.
Cash Flows
The total amount of money being transferred into and out of a business, especially as affecting liquidity.
Income Recognition
The accounting principle that revenue should only be recognized after the business has fulfilled its obligations and the payment is certain.
Direct Method
A method for creating a cash flow statement where actual cash flow information from operations is used rather than adjustments to net income.
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