1-in the statement of cash flows prepared under IFRS , each of the following items is typically classified as a financing cash flow except:

a. interest paid

b. dividends paid.

c.proceeds from the issuance of long-term debt

d. dividends received

2- cash flow from investing activities do not include;

a. proceeds from issuing bonds

b. payment from the purchasing equipment

c. proceeds from the sale of marketable securities.

d. cash outflow from aquring land

3- In a statement of cash flows prepared under International Financial Reporting Standards, interest paid is most often classified as a financing cash flow

true or false

4-If the seller is a principal, the seller has primary responsibility for delivering a product or service

true or false

5-Under IFRS, installment sales are accounted for using the installment sales method or profit deferral method

true or false

6-If the seller is a principal, the seller typically is not vulnerable to risks associated with delivering the product or service

true or false