IFRS permits firms to classify cash from interest and dividend revenue as _____ activities, provided the classification is consistently applied across periods.
A)operating
B)investing
C)financing
D)operating, investing, or financing
E)None of the above are correct.

Question

Quizplus · Accepted Answer

Under IFRS, firms have the flexibility to classify cash flows from interest and dividend revenue as operating, investing, or financing activities, as long as the classification is consistent over time.

IFRS Permits Firms to Classify Cash from Interest and Dividend