Under IFRS, significant non-cash transactions: (a) are classified as operating, if they are related to income items.
Question:
Under IFRS, significant non-cash transactions:
(a) are classified as operating, if they are related to income items.
(b) are excluded from the statement of cash flows and disclosed in a narrative form or summarized in a separate schedule.
(c) are classified as an investing or financing activity.
(d) are classified as an operating activity, unless they can be specifically identified with financing or investing activities.
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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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