2008 CFA Level 1 － Sample 样题(1)－Q25 style

8586

25、According to U.S. GAAP and IAS GAAP, respectively, is a company required to classify interest paid as cash flow from financing in the statement of cash flows?

	U.S. GAAP	IAS GAAP
A.	No	No
B.	No	Yes
C.	Yes	No
D.	Yes	Yes

 

 

A. Answer A

B. Answer B

C. Answer C

D. Answer D

      

[此贴子已经被作者于2008-11-7 16:17:00编辑过]

8586

Correct answer = A

"International Standards Convergence," Thomas R. Robinson, Hennie van Greuning, Elaine Henry, and Michael A. Broihahn
2008 Modular Level I, Vol. 3, p. 695
Study Session 10-43-c
identify and explain the major differences between international and U.S. GAAP accounting standards concerning the treatment of interest and dividends on the cash flow statement
U.S. GAAP requires that interest paid be classified as cash from operations; IAS GAAP allows interest paid to be classified as either CFO or CFF. 

 

rocky

b

cxz0858

vb

luyuansz

[em01]

Riverview

thanks

刀剑如梦

thanks!

zhangxie83

c

gening

thanks!

zhangxie83

a