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GAAP vs. IFRS: Statement of Cash Flows
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GAAP vs. IFRS: Statement of Cash Flows
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15. GAAP vs IFRS / GAAP vs. IFRS: Statement of Cash Flows / Problem 8
Problem 8
A company pays \$8,000 in taxes related to an investing activity. How should this be reported in the cash flow statement under IFRS?
A
It should not be reported in the cash flow statement.
B
As an investing activity
C
As a financing activity
D
As an operating activity
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