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What Amount in Respect of Income Tax Will Appear in the Statement

Question 55

Multiple Choice

What amount in respect of income tax will appear in the statement of cash flows for the year ended 31 December 2016, assuming tax is paid annually in arrears and there are no over or under provisions of tax. A) Nil B) $30 000 C) $40 000 D) $70 000 What amount in respect of income tax will appear in the statement of cash flows for the year ended 31 December 2016, assuming tax is paid annually in arrears and there are no over or under provisions of tax.


A) Nil
B) $30 000
C) $40 000
D) $70 000

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