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if false state the reason briefly 4.4 TRUE OR FALSE Writo true if the statement is correct If you beliove otherwise. write false and state

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if false state the reason briefly

4.4 TRUE OR FALSE Writo true if the statement is correct If you beliove otherwise. write false and state you reason briefty 1 Short-term highly lquid investments are held for the purpose of investment or capitai apprecation 2 Cash flows classifed as operating activties arise from the principat revenue producing 3 4 Cash payment of bank borrowings and interest are classified as financing activities activities of the entity The statement of cash flows will indicate the amount, timing and certainty of past cash flows of an entity 5 Cash flows classified as investing activities are attributable to the acquisition and disposal of 6 Cash flows activities between the entity and the shareholders or credtors are classfied as property plant and equipment and other investments financing activities

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