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In Order to Retain Data While a Program Is Not

question 13

Multiple Choice

In order to retain data while a program is not running, data must be saved in __________.


Definitions:

Direct Approach

A method in financial accounting that involves reporting major classes of gross cash receipts and payments, providing a clear view of a company's cash flow.

Indirect Approach

A method for preparing the cash flow statement where net income is adjusted for non-cash transactions, deferred taxes, and changes in working capital.

Investing Activities

Financial transactions and events involving the purchase and sale of long-term assets and investments, as reported in the cash flow statement.

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