The appropriate section in the statement of cash flows for reporting the cash payment of wages is:
A)Operating activities.
B)Financing activities.
C)Investing activities.
D)Schedule of noncash investing or financing activity.
E)None of these as this is not reported on the statement of cash flows.

Question

Quizplus · Accepted Answer

The appropriate section in the statement of cash flows for reporting the cash payment of wages is operating activities because it is an expense incurred in the course of normal business operations.

The Appropriate Section in the Statement of Cash Flows for Reporting