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    Business
  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 8: Reporting and Analyzing Cash Flows
  5. Question
    Under the Indirect Method,an Increase in Income Taxes Payable Is
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Under the Indirect Method,an Increase in Income Taxes Payable Is

Question 70

Question 70

True/False

Under the indirect method,an increase in income taxes payable is added to profit when preparing the operating section of the statement of cash flows.

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