The most common classification for interest paid and received on a cash flow statement is under operating activities.

Name: The most common classification for interest paid and received on a cash flow statement is under operating activities.
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Question

Quizplus · Accepted Answer

Interest paid and received are typically classified as operating activities because they are considered part of the core operations of a business, reflecting the cost of borrowing and the return on investments in cash equivalents and short-term investments.

The Most Common Classification for Interest Paid and Received on a Cash