When Preparing a Statement of Cash Flows,IFRS Allows Companies to Report

question 42

True/False

When preparing a statement of cash flows,IFRS allows companies to report cash inflows from interest and dividends as either operating or investing cash flows,while U.S.GAAP requires these inflows to be reported as only operating activities.

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Definitions:

Pregnancy

The state of carrying a developing embryo or fetus within the female body, typically lasting around 40 weeks from the last menstrual period.

Body Mass Index (BMI)

An indicator that calculates body fat using height and weight to classify adults into categories such as underweight, normal, overweight, and obese.

Kilocalories

Units of energy measurement, often used to express the energy content of food, equal to 1,000 small calories.

Third Trimester

The final phase of pregnancy, spanning from weeks 28 to 40, during which significant fetal growth and development occur.