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متابعة

According to the Financial Accounting Standards Board (FASB), which of the following is a cash flow from a "financing" activity?

cash outflow to the government for taxes. cash outflow to shareholders as dividends. cash outflow to lenders as interest. cash outflow to purchase bonds issued by another company.

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تم إضافة السؤال من قبل خالد ابراهيم , Senior Accountant , Al Khayyat Group /Peugeot and Mazda Automative agent in Jordan
تاريخ النشر: 2013/12/04
Muhammad Faheem
من قبل Muhammad Faheem , Consultant- Accounts, Audit & Taxation , Basim Associates

As per IAS7, Interest and dividend received and paid may be classified as operating, investing, or financing cash flows, provided that they are classified consistently from period to period.

Cash flow arising from taxes on income are normally classified as operating, unless they can be specifically identified with financing or investing activities.

Cash outflow to shareholders as dividend and cash outflow to lenders as interest are the correct answer in the light of the above explaination as per IAS-7.

Mohammad Ibrahim, CMA, CertIFR
من قبل Mohammad Ibrahim, CMA, CertIFR , Accounting Operation Team Leader , KFH ( Kuwait Finance House )

cash outflow to the government for taxes. ( Is Operating Activity )cash outflow to shareholders as dividends. ( Is Financing Activity ) cash outflow to lenders as interest. ( Is Operating Activity )cash outflow to purchase bonds issued by another company. ( Is Investing Activity )

Khurrum Iqbal
من قبل Khurrum Iqbal , Accountant , Akun Logistic Services

 

Operating Activity: Cash outflow to the government for taxes.

Financing Activity: Cash outflow to shareholders as dividends.

Financing Activity: Cash outflow to lenders as interest.

Investing Activity: Cash outflow to purchase bonds issued by another co.

 

Note:

The above may be classified differently if the company itself is a Finance or a Banking company or Non Banking Financial Institution, and if there is a change from outflows to inflows. 

 

علاءالدين احمد محمد إبراهيم
من قبل علاءالدين احمد محمد إبراهيم , المحلل المالى ومسئول الميزانية , شركة خطوط اللياقة للأجهزة الرياضة المحدودة

cash outflow to shareholders as dividends.

cash outflow to lenders as interest.

 

Sulayman Abbas Ladan
من قبل Sulayman Abbas Ladan , Deputy Bursar , Ahmadu Bello University

Cash outflow to purchase Bonds issued by another company

Sahar Alech
من قبل Sahar Alech , Auditor / Financial Manager , Accounting Services Office

Cash out flow to shareholders is a financing activity

Abdul Wahab
من قبل Abdul Wahab , Credit Controller , Takween Advanced Industries

cash outflow to shareholders as dividends.

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