CERTYNEX IFRS ACADEMY

Tiare SA, an industrial entity with no specified main business activity (case convention), places its cash and cash equivalents in interest-bearing accounts and receives EUR 24,000 of interest. In which category is this interest classified?

In the operating category, since the cash is used to fund working capital.

In the investing category, since cash and cash equivalents belong there.

In the financing category, since it offsets Tiare's financing expenses.

In the operating category, since this interest is received regularly every year.