Question: 9. Are the following statements true or false? A statement of cash flows prepared using the direct method produces a True False different figure to

Are the following statements true or false?

A statement of cash flows prepared using the direct method produces a True False different figure to net cash from operating activities from that produced if the indirect method is used Rights issues of shares do not feature in a statement of cash flows.

True False A surplus on revaluation of a non-current asset will not appear as an item True False in a statement of cash flows.

A profit on the sale of a non-current asset will appear as an item under True False cash flows from investing activities in the statement of cash flows.

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