Question
21. If a company uses the indirect method to present operational activities, how does it present the amortization of the discount on a bond investment?
21. If a company uses the indirect method to present operational activities, how does it present the amortization of the discount on a bond investment?
a. Not presented anywhere in the statement of cash flows
b. It is not presented in the operational activities section, but it is presented in the
investment.
c. It is included among the items that are added to the net income from operating activities. d. It is included among the items that are subtracted from the net income in operating activities.
21. If a company uses the indirect method to present operational activities, how does it present the amortization of the discount on a bond investment?
a. Not presented anywhere in the statement of cash flows
b. It is not presented in the operational activities section, but it is presented in the
investment.
c. It is included among the items that are added to the net income from operating activities. d. It is included among the items that are subtracted from the net income in operating activities.
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Financial Sustainability Of Public Sector EntitiesThe Relevance Of Accounting Frameworks
Authors: Josette Caruana, Isabel Brusca, Eugenio Caperchione, Sandra Cohen, Francesca Manes Rossi
1st Edition
3030060365, 9783030060367
