Paying Wages and Salaries to Employees Is Classified as a Cash

question 110

True/False

Paying wages and salaries to employees is classified as a cash outflow in the operating activities section of the statement of cash flows.

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Definitions:

Pens

Writing instruments used for applying ink to a surface, typically paper, for writing or drawing.

Improvement

A process or action that makes something better, more efficient, or more effective.

Technology

The application of scientific knowledge for practical purposes, especially in industry.

Supply Curve

A graphical representation showing the relationship between the price of a good and the amount of it that sellers are willing to supply.