if false, state the reason briefly

4.1 TRUE OR FALSE Write true if the statement is correct. If you believe otherwise, write false and state you reason briefly 1 Dividends payment to stockholders chall be classified as cash outflows for investing activities 2The Standard requires the preparation of the statement of cash flows as supporting schedule 3 The prmary purpose of the statement of cash flows is to assist investors or creditors in in the statement of cash flows for the amount appeaning as cash and cash equivalents in the statement of financial positbon assessing the entity s ability to generate positive future net cash flows 4 n the statement of cash flows cash payments to acquire equity instruments of other businesses and interest in joint ventures are classified as cash outfiows for financing activities 5 Noncash items tike depreciation deferred taxes and unrealized foreign currency gains and losses are examples of noncash investing and financing transactions the direct method convertible to known amount of cas 6 Phitippine Accounting Standard 7 requures entity to report cash from operating activities using Cash equivalents refer to short and lorg-term highly iquid investments that are readily h and which are subject to an insignificant risk of changes in vatue 8 Cash flows arnsing from investing and financing actrvities are reported in the statement of cash 9 Interest receved and dividends received are altematively cdassified in the statement of cash 10 The Standard requires that cash flows ansing from income taxes shall be separately flows using either the direct method or indirect method flows as cash from financing activities disclosed and classified as cash flows from financing activities