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All of the following are conditions in which members are most likely to enforce norms EXCEPT
Dividends Payable
Liabilities representing a company's obligation to pay shareholders a declared dividend.
Operating Activities Section
A part of a company's cash flow statement that shows the cash flow from its core business operations.
Direct Method
A method of computing the net cash provided by operating activities in which the income statement is reconstructed on a cash basis from top to bottom.
Indirect Method
A method of computing the net cash provided by operating activities that starts with net income and adjusts it to a cash basis. It is also known as the reconciliation method.
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