IFRS does not allow flexibility regarding the classification of certain items on the statement of cash flows.

Name: IFRS does not allow flexibility regarding the classification of certain items on the statement of cash flows.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

IFRS allows some flexibility in classifying certain items as either operating, investing, or financing activities on the statement of cash flows, depending on the nature of the item and the company's judgment.

IFRS Does Not Allow Flexibility Regarding the Classification of Certain