bryris Major Contributor
Joined: 07 Dec 2008 Location: United States
Online Status: Offline Posts: 624
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Posted: 18 Sep 2009 at 14:05 | IP Logged
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Can someone verify this:
Interest and dividends received from a business entity (for profit) is accounted for as cash inflow from operating activities. Additionally, an NPO accounts for int/div the same way - operating section.
However, a governmental unit's proprietary activities (business-type) account for interest and dividends in the investing section.
I keep picking one and missing it, then picking the other and missing it. I think I've scraped up enough data to support my conclusion here, but wanted to verify.
__________________ REG - 97
FAR - 97
BEC - 90
AUD - 97
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