Even If the Firm Uses the Indirect Method,it Must Disclose

question 27

True/False

Even if the firm uses the indirect method,it must disclose the total amounts of income taxes paid during the period.

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Definitions:

Presumption of Innocence

The legal principle that one is considered innocent until proven guilty in a court of law.

Defendant

The party against whom a lawsuit is filed in a court of law.

Constitution

The basic rules or long-standing practices through which a country or any organization is administrated.

Chinese Constitution

The fundamental law of the People's Republic of China, establishing the framework and principles of the government, rights of citizens, and organization of the state.