Why is adjustment for provision for deferred income taxes

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Problem 1: Why is the adjustment for provision for deferred income taxes made in the operating section of the statement of cash flows in fiscal year 2016?

a. Because the provision for income taxes exceeded taxes paid.
b. Because the effective tax rate exceeded the statutory tax rate.
c. Because more taxes were paid than the provision for income taxes.
d. Because the statutory tax rate exceeded the effective tax rate.

Reference no: EM132917440

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