47) The operating activities reflect in cash inflow from operations plus other revenue-generating activities. Also shows the cash outflows are those disbursements that are incurred to eam the inflow. Answer: TRUE OR FALSE 48) Investing cash flows includes, except; I A) Receipts from customers B) Cash received from sale of capital assets C) Payment for purchases of capital assets C) Loans extended to others 49) Under Financing Cash flow, Cash proceeds received from bank loans is Inflows? Answer: TRUE OR FALSE 50) Income tax payment is an example of cash outflow in financing activities? Answer: TRUE OR FALSE