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Basic Question 8 of 9
Which statement is CORRECT regarding presentation choices permitted in IAS 7?
B. Interest paid must be classified as financing cash flows.
C. Interest paid may be classified as either operating or financing cash flows.
A. Interest paid must be classified as operating cash flows.
B. Interest paid must be classified as financing cash flows.
C. Interest paid may be classified as either operating or financing cash flows.
User Contributed Comments 2
| User | Comment |
|---|---|
| Inaganti6 | Under US GAAP it's only CFO ? |
| r3v3r3n6o | Yes, only CFO under US GAAP. |
I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
describe indicators of cash flow quality;
evaluate the cash flow quality of a company;
CFA® 2025 Level II Curriculum, Volume 2, Module 14.