The appropriate section in the statement of cash flows for reporting the cash payment of wages is:
A) This is not reported on the statement of cash flows.
B) Operating activities.
C) Schedule of noncash investing or financing activity.
D) Financing activities.
E) Investing activities.

Question

Quizplus · Accepted Answer

Cash payment of wages is a part of operating expenses and is reported under the operating activities section on the statement of cash flows.

The Appropriate Section in the Statement of Cash Flows for Reporting