Final answer:
The correct section of the Statement of Cash Flows (SOCF) for tracking the inflow/outflow related to paying withdrawals by owners is C. Financing activities.
Step-by-step explanation:
The correct section of the Statement of Cash Flows (SOCF) for tracking the inflow/outflow related to paying withdrawals by owners is C. Financing activities.
Financing activities in the SOCF include transactions with owners or investors, such as issuing or repurchasing stock, or paying dividends to owners.
Since paying withdrawals by owners is a financial transaction, it falls under the financing activities section of the SOCF.