Complete the U.S. GAAP and IFRS columns in the table below by identifying the cash flow activity on the statement of cash flows: Operating, Investing, or Financing. If a standard allows for more than one activity classification be sure to note both. For example, if an activity can be classified as "Operating or Financing," please note both classifications.
$$\begin{array} { |l ll| }
\hline\text { Activities } & \text { U.S. GAAP }&\text{IFRS} \
\hline \text { Cash receipts from interest } & \
\hline \text { Cash payments for interest } & \
\hline \text { Cash receipts from dividends } & \
\hline \text { Cash payments for dividends to } \
\text { owners }\
\hline
\end{array}$$

Question

Complete the U.S. GAAP and IFRS columns in the table below by identifying the cash flow activity on the statement of cash flows: Operating, Investing, or Financing. If a standard allows for more than one activity classification be sure to note both. For example, if an activity can be classified as "Operating or Financing," please note both classifications.
 $$\begin{array} { |l ll| } 
\hline\text { Activities } & \text { U.S. GAAP }&\text{IFRS} \
\hline \text { Cash receipts from interest } & \
\hline \text { Cash payments for interest } & \
\hline \text { Cash receipts from dividends } & \
\hline \text { Cash payments for dividends to } \
\text { owners }\
\hline 
\end{array}$$

Quizplus · Accepted Answer

The Answer of Complete the U.S. GAAP and IFRS columns in the table below by identifying the cash flow activity on the statement of cash flows: Operating, Investing, or Financing. If a standard allows for more than one activity classification be sure to note both. For example, if an activity can be classified as "Operating or Financing," please note both classifications.
 $$\begin{array} { |l ll| } 
\hline\text { Activities } & \text { U.S. GAAP }&\text{IFRS} \
\hline \text { Cash receipts from interest } & \
\hline \text { Cash payments for interest } & \
\hline \text { Cash receipts from dividends } & \
\hline \text { Cash payments for dividends to } \
\text { owners }\
\hline 
\end{array}$$