NO.PZ2024011002000034
问题如下：
A company using IFRS reports its interest payments on long-term debt as a financing activity. If the company reported under US GAAP, the most likely effect would be a:选项：
A.higher cash flow from operations. B.lower cash flow from investing activities. C.higher cash flow from financing activities.解释：
Interest payments can be reported either as operating or financing cash flow under IFRS, but they can be reported only as operating cash flow under US GAAP. The interest payment was originally reported as financing activity under IFRS, but under US GAAP it would be an operating activity. Therefore, under US GAAP, cash flow from financing activities would be higher and operating cash flows lower by the same amount.我原本的理解是，在国际准则下，interest payment 可记在 CFO 或 CFF下，题中显示记在CFF下。但美国准则下，只是记在CFO下，因此反映出来的是 美国准则的CFO会更高，所以选A。
