In cash flow, income tax paid is treated as:

CS Executive · Cost and Management Accounting · PYQS · June 2017
In cash flow, income tax paid is treated as:
(A) Operating activity
(B) Investing activity
(C) Financing activity
(D) Not shown any where

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Cash Flow Statement

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