Interest paid is classified as an operating cash flow under: A. US GAAP but may be classified

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Interest paid is classified as an operating cash flow under:

A. US GAAP but may be classified as either operating or investing cash flows under IFRS.

B. IFRS but may be classified as either operating or investing cash flows under US GAAP.

C. US GAAP but may be classified as either operating or financing cash flows under IFRS.

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International Financial Statement Analysis CFA Institute Investment Series

ISBN: 9780470287668

1st Edition

Authors: Thomas R. Robinson, Hennie Van Greuning CFA, Elaine Henry, Michael A. Broihahn, Sir David Tweedie

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Question Posted: Feb 14, 2024 09:00 AM

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Interest paid is classified as an operating cash flow under: A. US GAAP but may be classified

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The correct answer is C Under US GAAP Generally Accepted Accounting Principles inte...View the full answer

International Financial Statement Analysis CFA Institute Investment Series

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