The cash paid for taxes is included in the ________ section of the statement of cash flows.Assume the direct method is used.
A) operating
B) investing
C) financing
D) noncash

Name: The cash paid for taxes is included in the ________ section of the statement of cash flows.Assume the direct method is used. A) operating B) investing C) financing D) noncash
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Question

Quizplus · Accepted Answer

The cash paid for taxes is considered an operating expense and therefore is included in the operating section of the statement of cash flows.

The Cash Paid for Taxes Is Included in the ________