5. Public companies are required by law to have their annual financial statements audited. Select one: True O False 6. Which one of the sections of the statement of cash flows is influenced by the sale of an old machine by the business? a. Select one: O a Cash flows from financing activities O b. Cash flows from investing activities O c. Cash flows from operating activities O d. Cash flows from asset disposal activities 7. The indirect method of completing the statement of cash flows relies on the use of the income statement as a starting point Select one: O True O False