Treatments of Items in the Cash Flow Statement That Differ

question 20

Multiple Choice

Treatments of items in the cash flow statement that differ between IFRS and GAAP include all of the following except the allowed treatment of

• A)any cash outflows for development costs that were capitalized as intangible assets
• B)losses on the early retirement of bonds
• C)bank overdrafts
• D)income taxes related to financing and investing activities