Question 1.1.The Operating Activities section of the statement of cash flows is similar to a cash basis income statement. (Points : 1)

True False

Question 2.2.Investing activities on the statement of cash flows only consist of securities the firm has purchased as a temporary place to hold excess cash. (Points : 1)

True False

Question 3.3.Financing activities on the statement of cash flows would include payment of dividends to investors. (Points : 1)

True False

Question 4.4.The statement of cash flows is a compilation of all operating, investing, and financing activities that cause a change in cash. (Points : 1)

True False

Question 5.5.Noncash investing and financing activities would not be reported on a statement of cash flows. (Points : 1)

True False