please answer all the questions immediately thankyou

7. One element of the objective of financial reporting is to provide (1 Point) Information that will attract new investors. Information about the investors in the entity. Information that is useful in assessing cash flow prospects. Information about the liquidation value of the resources held by the entity. 8. Which of the following should be presented as an operating activity? (1 Point) Cash proceed from issuance of preferred shares Repayment of cash borrowed Cash advances and loans made by financial institutions Cash disbursement made by a firm in acquiring equipment for production purposes 9. Investing activities are best describes as * (1 Point) Activities that involve production or purchase of merchandise and subsequent sale of it above its cost Transactions with the long-term creditors of the business or enterprise Cash flow from the proceeds of issuance of bonds Transactions that involve making and collecting loans or involve purchasing of plant and other productive assets 10. Any goodwill arising from the investment in associate is * (1 Point) Recognized as a separate asset in the statement of financial position Not amortized since it is included in the balance of the carrying amount of investment account Removed periodically from the balance of the carrying amount of investment account and amortized Charged on the retained earnings 11. In which of the following scenarios does consistency is applied in accounting? * (1 Point) Gains are consistently presented separately from incidental losses Accounting policy that recognizes revenue when cash is received is utilized O firms apply same accounting policies to similar events CD Al cash outflows are uniformly recorded as expense