Asked by Chantal Taylor on Apr 29, 2024
Verified
The IFRS categories of cash flows are
A) long-term changes and short-term changes
B) operating and other
C) operating, investing, and financing
D) operating and nonoperating
IFRS Categories
Classifications under the International Financial Reporting Standards that dictate the presentation and disclosure of financial information in the financial statements.
Cash Flows
The sum of funds being moved in and out of a company, particularly influencing its ability to meet short-term obligations.
- Understand the concept and classification of cash flows in operating, investing, and financing activities.
Verified Answer
DC
Diedra CampbellApr 30, 2024
Final Answer :
C
Explanation :
The IFRS categories of cash flows are operating, investing, and financing activities.
Learning Objectives
- Understand the concept and classification of cash flows in operating, investing, and financing activities.
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