Under international accounting standards,cash paid for income taxes (associated with income tax expense) can be shown on the statement of cash flows as an
A) operating activity only.
B) operating activity,or may be split between operating,investing,and financing activities depending on the nature of the transaction giving rise to the tax payment.
C) operating activity,or may be split between operating and investing activities depending on the transaction giving rise to the tax payment.
D) operating activity,or may be split between investing and financing activities depending on the transaction giving rise to the payment.
Correct Answer:
Verified
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