CFA Practice Question
Dividends received by a firm from its investments are classified:
A. under CFO in US GAAP, and CFF under IFRS.
B. under either CFF or CFO in US GAAP, and CFF under IFRS.
C. under CFO in US GAAP, and either CFI or CFO under IFRS.
Explanation: Just have to remember this stuff.
User Contributed Comments 2
| User | Comment |
|---|---|
| milka | dividends received under IFRS are classified either CFO or CFI. |
| HolzGe1 | No need to "just remember this stuff", at least in this particular case. A and B include CFF, which makes absolutely no sense for dividends received. So it must be C! |