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    Intermediate Accounting Study Set 2
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    Exam 21: The Statement of Cash Flows Revisited
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    Interest Payments and Interest Received Must Be Reported as Operating
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Interest Payments and Interest Received Must Be Reported as Operating

Question 159

Question 159

Multiple Choice

Interest payments and interest received must be reported as operating cash flows using:


A) U.S. GAAP.
B) IFRS.
C) Both U.S. GAAP and IFRS.
D) Neither U.S. GAAP nor IFRS.

Correct Answer:

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