On the statement of cash flows, which of the following items will affect both financing activities and operating activities?

Select one: a. Collection of loans to other entities. b. Issuance of equity securities. c. Redemption of debt. d. Payment of dividends.

The objective of financial reporting in the International Accounting Standards Boards (IASBs) Conceptual Framework

Select one:

a. Is the foundation for the Framework.

b. All of the choices are correct regarding the objective of financial reporting.

c. Is found on the third level of the Framework.

d. Includes the qualitative characteristics that make accounting information useful.