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Basic Question 6 of 6
Compared to a company that develops an intangible asset internally, a company that purchases the same asset would exhibit:
B. Higher cash flow from investing activities.
C. Higher cash flow from financing activities.
A. Higher cash flow from operations.
B. Higher cash flow from investing activities.
C. Higher cash flow from financing activities.
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Edward Liu
Learning Outcome Statements
compare the financial reporting of the following types of intangible assets: purchased, internally developed, and acquired in a business combination
CFA® 2025 Level I Curriculum, Volume 2, Module 7.