Under IFRS: a . Taxes are always treated as an operating activity. b . The income statement

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Under IFRS:

a. Taxes are always treated as an operating activity.

b. The income statement uses the headings operating, investing, and financing. 

c. Dividends received can be either an operating or investing activity.

d. Dividends paid can be either an operating or investing activity.

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Accounting Principles

ISBN: 9781119707110

14th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell

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