Examlex
Appraisers should be as close as possible, in organizational level, to the individual being evaluated.
Current GAAP
The most up-to-date set of Generally Accepted Accounting Principles that companies are required to follow when preparing financial statements.
Direct Method
A cash flow statement preparation approach that lists major categories of gross cash receipts and payments.
Operating Activities
refer to the primary revenue-generating activities of a business, including production, sales, and provision of services, reflected in its cash flow.
Financing Activities
This refers to transactions and events where cash flows into or out of a company to finance its operations and expansions, such as issuing equity or raising debt.
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