Q323
In calculation of net cash flow, deferred tax payments are classified as
A.
non-cash revenues
B.
non-cash charges
AnswerC.
current liabilities
D.
income expense
Answer: Option B
Solution
Answer: Option B
Solution:
In calculation of net cash flow, deferred tax payments are classified as non-cash charges. A non-cash charge is a write-down or accounting expense that does not involve a cash payment.