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.
• E)None of these answers is correct.

---

Definitions:

First Amendment

The amendment to the U.S. Constitution that protects freedoms such as speech, religion, and assembly.

City Ordinance

A rule or law established by a local government authority to regulate behavior within the city limits.

Free Speech

The freedom to share one's views and thoughts without worry of punishment or suppression from the government.

Federal Regulation

Laws and guidelines established by the federal government to control or govern behavior and practices.