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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › CASH FLOW
(v) Interest on cash deposits at the bank amounted to $75.
will this fall under operating or investing activity?
The accounting standard allows it to be shown under either heading provided the same treatment is used from year to year.
Given that investing activities are referring to long-term investments, a small amount of interest like this is more likely to be shown under operating activities.