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1.In a statement of cash flows, a change in an income taxes payable account would be recorded in the: an operating activity. a financing activity.

1.In a statement of cash flows, a change in an income taxes payable account would be recorded in the:

an operating activity.

a financing activity.

an investing activity.

2.In a statement of cash flows, the sale of a long-term investment would ordinarily be classified as:

an operating activity.

a financing activity.

an investing activity.

a lending activity.

a lending activity.

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