1. Which of the following statements regarding a statement of cash flows isfalse?

Group of answer choices

a.The most common method used by most companies for reporting operating activities is the direct method.

b.Operating activities include all transactions and other events related to the earnings process.

c. It requires a reconciliation of beginning and ending cash balances.

d. It helps users assess a company's need for external financing.

3.Cash flows from investing activities donotinclude:

Group of answer choices

A.proceeds from issuing bonds.

payment for the purchase of equipment.

proceeds from the sale of marketable securities.

D. cash outflows from acquiring land.

7.In a statement of cash flows, the payment of a cash dividend on preferred stock outstanding should be classified as cash outflows for

Group of answer choices

operating activities.

investing activities.

lending activities.

financing activities.