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

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

Ans: A. Operating activities section

Business

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If a lien has been created by court action, and it covers all properties of the debtor in that county where it is recorded, it is known as a:

A: Lis pendens; B: Specific lien; C: General lien; D: None of the above.

Business

Current challenges in operations management include all of the following EXCEPT:

A) just-in-time performance. B) rapid product development. C) mass customization. D) empowered employees. E) None of the above are exceptions, i.e., all are current challenges.

Business