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Which interest payments to bondholders are reported

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Reference no: EM132622824

Problem 1: An accounting change that is reported by the prospective approach is reflected in the financial statements of

Option 1: previous years only.

Option 2: previous years and the current year.

Option 3: current year only.

Option 4: current year and future years.

Problem 2: Interest payments to bondholders are reported in the Statement of Cash Flows as

Option 1: an investment activity.

Option 2: a loan activity.

Option 3: a financing activity.

Option 4: an operational activity.

Reference no: EM132622824

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