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Knowledge Check 01 Which of the following statements about the classifications of interest and dividends on the statement of cash flow are true? (Select all
Knowledge Check 01 Which of the following statements about the classifications of interest and dividends on the statement of cash flow are true? (Select all that apply.) Check All That Apply Under US GAAP, cash outflows for interest payments and cash inflows from interest and dividends received as classified as operating cash flows. Under US GAAP. cash outflows for interest and dividend payments and cash inflows from interest and dividends received as classified as operating cash flows. Under IFRS, interest and dividends paid are classified as either operating or financing cash flows and Interest and dividends received as classified as either operating or investing cash flows. Under U.S. GAAP, cash outflows for interest payments and cash inflows from interest and dividends received as classified as operating cash flows. Under U.S. GAAP. cash outflows for interest and dividend payments and cash inflows from interest and dividends received as classified as operating cash flows. Under IFRS, Interest and dividends paid are classified as either operating or financing cash flows and interest and dividends received as classified as either operating or investing cash flows. Under IFRS, interest and dividends paid are classified as either operating or investing cash flows and interest and dividends received as classified as either operating or financing cash flows
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