On a Statement of Cash Flows Prepared Using the Direct

question 45

Multiple Choice

On a statement of cash flows prepared using the direct method,cash paid for income taxes would be income tax expense minus

• A) an increase in income taxes payable.
• B) a decrease in income taxes payable.
• C) beginning income taxes payable.
• D) ending income taxes payable.

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Definitions:

Parasite

An organism that lives on or in a host organism and gets its food from or at the expense of its host.

Host

An organism that harbors another organism (parasite, mutualistic symbiont, or commensal) often providing nourishment and shelter.

Benefit

A positive outcome, advantage, or gain that is obtained or received, often as a result of an action, decision, or policy.

Parasitism

An interaction between species where one organism (the parasite) lives on or in another organism (the host), causing it harm.