QUESTIONS 45 THROUGH 68 RELATE TO FINANCIAL STATEMENT ANALYSIS

52. Which of the following statements is most accurate about the interest expense? A. It can be classified as either operating or financing cash flow under U.S. GAAP B. It can only be classified as the financing cash flow under U.S. GAAP C. It can be classifies as either operating or financing cash flow under IFRS

©2012

Konvexity All Rights Reserved

Page 12