1.Unrealized gains and losses associated with availableforsale investments reported through other comprehensive income do not have any cash flow effects.

a.True

b.False

2.On the statement of cash flows, cash receipts of dividends are classified as operating activities under U.S. GAAP.

a.True

b.False

3..To what does the total cash flow computed on the statement of cash flows reconcile?

A.The total cash flow computed on the statement of cash flows only reconciles to the balance of cash at the end of the period.

B.The total cash flow computed on the statement of cash flows reconciles to the balances of current assets at the end of the period.

C.The total cash flow computed on the statement of cash flows reconciles to the change in cash and cash equivalents for the year.

D.The total cash flow computed on the statement of cash flows reconciles to the noncash financing and investing activities.