Indicate where the payment of income taxes would appear if at all on the statement of cash flows.

A) Operating activities section
B) Investing activities section
C) Financing activities section
D) Does not represent a cash flow

Statement of Cash Flows

A financial statement that compiles total data about every cash inflow a business gets from its operational activities and external funding sources, in addition to all cash outflows that cover the costs of business operations and investments in a specified timeframe.

Operating Activities Section

A component of the cash flow statement that shows cash inflows and outflows related to the core business operations.

Income Taxes

Taxes levied by the government on income generated by businesses and individuals within their jurisdiction.