Investments in equity securities are adjusted to fair value at the end of the period. (True/False)

Investments in debt securities can be classified as held to maturity investments. Held to maturity debt securities should be valued at the end of the period at amortized cost which is synonymous with carrying value and book value. (True/False)

When preparing a statement of cash flows (indirect method), an increase in accounts receivable would result in a deduction from net income. (True/False)