Final answer:
The statement is true because running payroll, calculating taxes, and creating financial statements are dynamic processes that involve changing data and continuous updates.
Step-by-step explanation:
The statement that examples of dynamic processes include running payroll, calculating taxes, and creating financial statements is TRUE. These are all considered dynamic processes because they involve operations or activities that are subject to change and require continuous updates. For instance, running payroll involves varying employee hours, wages, and benefits. Calculating taxes requires staying updated with tax laws and accurately applying them to financial data. Lastly, creating financial statements is dynamic as it entails compiling and presenting ever-changing financial information reflecting a company's financial performance over a certain period.