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Basic Question 6 of 6

Compared to a company that develops an intangible asset internally, a company that purchases the same asset would exhibit:

A. Higher cash flow from operations.
B. Higher cash flow from investing activities.
C. Higher cash flow from financing activities.

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Craig Baugh

Craig Baugh

Learning Outcome Statements

compare the financial reporting of the following types of intangible assets: purchased, internally developed, and acquired in a business combination

CFA® 2024 Level I Curriculum, Volume 2, Module 7.