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Basic Question 1 of 3
Decision-makers often compare net income to net cash flows from operating activities. Which of the following accounts would not be included in both of these amounts? Assume GAAP.
B. Interest revenue that has been received
C. Dividends declared and paid
D. Dividend revenue that has been received
A. Interest expense that has been paid
B. Interest revenue that has been received
C. Dividends declared and paid
D. Dividend revenue that has been received
User Contributed Comments 3
| User | Comment |
|---|---|
| danlan | C does not appear in either of them A appear for both of them B, D appear for net income and financing activity? Is this correct? |
| antarctica | A, B and D appear in both of them |
| bokica | if inderect method is used, intreset expence must be disclosed? |
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Learning Outcome Statements
contrast cash flow statements prepared under International Financial Reporting Standards (IFRS) and US generally accepted accounting principles (US GAAP)
CFA® 2025 Level I Curriculum, Volume 2, Module 4.