Under IFRS,cash Payments for Interest Can Be Reported as an

question 35

Multiple Choice

Under IFRS,cash payments for interest can be reported as an

• A) operating cash outflow
• B) investing cash outflow
• C) financing cash outflow
• D) Both A and C are correct.

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Definitions:

Source Notes

Annotations or references that give credit to the original sources of information or ideas used in a piece of writing or presentation.

Reinforce

To strengthen or support an idea, behavior, or material object, making it more robust or enduring.

Talking Title

A title that clearly communicates the theme or focus of a talk, presentation, or publication, capturing the essence in a simple phrase.

Interest Rates

The percentage of a sum of money charged for its use, typically expressed on an annual basis.