14.In the statement of cash flows, collecting cash from customers is treated as a cash inflow in the financing activities section. True or False

15.Cash received from the issuance of Common Stock to shareholders should be shown in the Operating Section of the Statement of Cash Flows as a cash inflow. True or False

16.Paying wages and salaries to employees is classified as a cash outflow in the operating activities section of the statement of cash flows. True or False