On the Statement of Cash Flows, payments for operating expenses are reported in the operating activities section. investing activities section. financing activities section. schedule of noncash investing and financing activities. On the Statement of Cash Flows, cash receipts from interest received and dividends received are reported in the operating activities section. investing activities section. financing activities section. schedule of noncash investing and financing activities. Diversification means that corporations use different accounting methods in some situations. can make comparisons with industry averages difficult. means that corporations have different management structures. is not a problem in financial statement analysis