1. Generally, the first category shown on the statement of cash flows is cash flows provided (used) by (a) operating activities. (b) investing activities. (c) financing activities. (d) significant noncash activities. 2. Under IFRS, cash receipts from interest and dividends are classified as (a) operating activities. (b) investing activities. (c) either operating or investing activities. (d) either financing or investing activities. 3. Significant noncash transactions would not include (a) conversion of preferred shares into common shares. (b) asset acquisition through issue of a note payable. (c) loans to other companies. (d) exchange of equipment. 4. In preparing a statement of cash flows, preferred shares issued in exchange for land would be reported in the (a) financing activities section. (b) investing activities section. (c) operating activities section. (d) notes to the financial statements