The change in the Deferred Taxes account is reflected in the Operating Activities category of the statement of cash flows.

Name: The change in the Deferred Taxes account is reflected in the Operating Activities category of the statement of cash flows.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The change in the Deferred Taxes account is considered as a non-cash item and is reflected in the Operating Activities category of the statement of cash flows through an adjustment to net income.

The Change in the Deferred Taxes Account Is Reflected in the Operating