The FASB Classifies Interest Received on Investments and Interest Paid

The FASB classifies interest received on investments and interest paid on debt financing as part of operating cash flows while the IASB:

A) allows interest received to be classified as either operating or investing and interest paid as either operating or financing.
B) Allows interest received to be classified as either operating or financing and interest paid as either operating or investing.
C) Allows interest received to be classified only as investing and interest paid only as financing
D) Allows interest received to be classified only as financing and interest paid only as investing.