The payment of taxes would be included in the investing activities section of the statement of cash flows.

Question

Quizplus · Accepted Answer

The payment of taxes would be included in the operating activities section of the statement of cash flows as it represents a cash outflow related to the company's normal business operations. Investing activities refer to transactions involving the acquisition or disposal of long-term assets such as property, plant, and equipment, as well as investments in other companies.

The Payment of Taxes Would Be Included in the Investing