11) Proceeds from the issuance of shares appear in which, if any, section of the cash flow statement?A) operating activities sectionB) investing activities sectionC) financing activities sectionD) Proceeds from the issuance of shares do not appear in the cash flow statement.12) Stock dividends distributed appear in which, if any, section of the cash flow statement?A) financing and investing activities sectionB) operating and investing activities sectionC) operating activities section onlyD) The distribution of a stock dividend does not appear anywhere in the cash flow statement.13) Under ASPE, interest paid on debt would be reported on a statement of cash flows under the:A) investing activitiesB) operating activitiesC) financing activitiesD) interest paid on debt would not be reported on a statement of cash flows14) The most important section of a statement of cash flows is the:A) operating activitiesB) investing activitiesC) financing activitiesD) all of the sections are equally important15) Which of the following activities increase and decrease the non-current assets available to a company? A) operating activitiesB) investing activitiesC) financing activitiesD) warehousing activities16) Which of the following represents the correct order on the statement of cash flows?A) Investing, operating, and then financing activitiesB) Operating, investing, then financing activitiesC) Operating, financing, then investing activitiesD) Investing, financing, then operating activities17) The issuance of bonds for cash would be reported on a statement of cash flows under the:A) operating activitiesB) investing activitiesC) financing activitiesD) no activities because issuing bonds for cash would not be reported on a statement of cash flows