Question: Consistent with U . S GAAP, IFRS classifies cash flows as operating, investing, or financing. However, U . S GAAP designates cash outflows for interest

Consistent with U.S GAAP, IFRS classifies cash flows as operating, investing, or financing. However, U.S GAAP designates cash outflows for interest payments and cash inflows from interest and dividends received as operating cash flows. IFRS
Multiple Choice
designates cash outflows for interest payments and cash inflows from interest and dividends received as operating cash flows.
allows companies to report dividends paid as either investing or operating cash flows.
allows companies to report cash inflows from interest and dividends as either operating or investing cash flows.
allows companies to report cash outflows from interest payments as either operating or investing cash flows.

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