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7. Of the following questions, which one would not be answered by the statement of cash flows? a. Where did the cash come from during

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7. Of the following questions, which one would not be answered by the statement of cash flows? a. Where did the cash come from during the period? b. What was the cash used for during the period? c. Were all the cash expenditures of benefit to the company during the period? d. What was the change in the cash balance during the period? 8. An objective of the statement of cash flows is to a. disclose changes during the period in all asset and all equity accounts. b. disclose the change in working capital during the period. c. provide information about the operating, investing, and financing activities of an entity during a period. d. None of these answers are correct. 9. Which of the following would be classified as a financing activity on a statement of cash flows? a. Declaration and distribution of a stock dividend b. Payment of a bond payable c. Sale of an investment in debt securities d. Payment of interest to a creditor

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