For purposes of the statement of cash flows, under IFRS interest paid is treated as: (a) an
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For purposes of the statement of cash flows, under IFRS interest paid is treated as:
(a) an operating activity in all cases.
(b) an investing or operating activity, depending on use of the borrowed funds.
(c) either a financing or investing activity.
(d) either an operating or financing activity, but treated consistently from period to period.
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Related Book For
Intermediate Accounting
ISBN: 978-1118147290
15th edition
Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
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