CFA CFA Level 1 CFA Level 1 Question of the Week – Financial Reporting and Analysis

CFA Level 1 Question of the Week – Financial Reporting and Analysis

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    • Avatar of Matt_AnalystPrepMatt_AnalystPrep
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        The correct answer is A.

        An interest expense is classified as a cash outflow from operating activities under US GAAP.

        Note: IFRS allows the option to classify it either as a financing activity or an operating activity.

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