In very rare circumstances, IFRS allow entities in specified industries to make a disclosure in the notes about cash inflows and outflows instead of preparing a statement of cash flows.
Correct Answer:
Verified
Q17: An entity is not required to disclose:
A)
Q18: Which of the following is decision that
Q19: Using the indirect method for presenting operating
Q20: The statement of cash flows can be
Q21: The statement of cash flows requires the
Q23: According to the Conceptual Framework, the definition
Q24: Entities may choose to present dividends paid
Q25: The presentation of cash flows from investing
Q26: The direct method is preferable because income
Q27: According to IFRS, an entity can avoid
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents