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Organisms often respond to environmental signals that accurately predict future conditions by
Accrued Liabilities
Liabilities recognized on the balance sheet before a company receives the related goods or services.
Indirect Method
A cash flow statement preparation approach that adjusts net income for changes in non-cash items to arrive at operating cash flow.
Inventory
Items, such as raw materials, work-in-progress, and finished goods, that a company holds with the intention of selling them.
Operating Activities
Day-to-day business functions and transactions that affect a company's net income, primarily revenue and expense activities.
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