Under IFRS, interest paid may be classified as:
A) Operating activities.
B) Financing activities.
C) Investing activities.
D) Operating activities or financing activities.
E) Operating activities or investing activities.

Question

Quizplus · Accepted Answer

Under IFRS, interest paid can be classified either as operating activities or financing activities, allowing for flexibility in how companies present their cash flows.

Under IFRS, Interest Paid May Be Classified As