Cash Payments Made to Employees for Wages and Salaries; Payments

question 67

Multiple Choice

Cash payments made to employees for wages and salaries; payments made to vendors for the purchase of merchandise; taxes paid to government agencies; payments for rent, utilities, and insurance will show up on the statement of cash flows under the category of

• A) cash flows from financing activities.
• B) cash flows from investing activities.
• C) cash flows from operating activities.
• D) A and B above.
• E) B and C above.

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