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  3. Study Set
    Managerial Accounting Study Set 23
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    Exam 15: Statement of Cash Flows
  5. Question
    Paying Taxes to Governmental Bodies Is Considered a Cash Outflow
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Paying Taxes to Governmental Bodies Is Considered a Cash Outflow

Question 209

Question 209

True/False

Paying taxes to governmental bodies is considered a cash outflow in the operating activities section on the statement of cash flows.

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