Examlex
___________ accept data and instructions and convert them to a form that the computer can understand.
Cash Flows
The overall volume of cash inflows and outflows within a corporation, significantly affecting its liquid assets.
Operating Activities
The day-to-day actions that are involved in running a business, such as buying, selling, and producing goods or services.
Indirect Method
A way of preparing the statement of cash flows where net income is adjusted for changes in balance sheet accounts to calculate the cash from operating activities.
Operating
Refers to the day-to-day activities involved in running a business that are essential for generating revenue.
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