Final answer:
The statement is true as running payroll, calculating taxes, and creating financial statements are all static processes, which are routine, consistent, and do not change each time they are performed.
Step-by-step explanation:
The statement that examples of static processes include running payroll, calculating taxes, and creating financial statements is TRUE. Static processes in business typically refer to routine, consistent activities that do not change each time they are performed. Running payroll involves calculating and distributing wages to employees on a regular schedule. Calculating taxes is a systematic process that follows specific tax laws and regulations. Creating financial statements involves compiling financial data into standardized reports such as the balance sheet, income statement, and cash flow statement, all of which are essential for providing a snapshot of a company's financial health at a given point in time.