QUESTION 1 The primary objective of the statement of cash flows is to show net income produced and where the tvpe of net income came from True o False QUESTION 2 All major financing and investing activities affect cash. True O False QUESTION 3 The receipt of dividends from long-term investments in stock is classified as a cash flow from financing activities. O True False QUESTION 4 The reporting of noncash activities in a separate schedule is a requirement of the expense recoqnition principle True O False QUESTION 5 If a company reports a net loss it D A will not be able to pay cash dividends o B, will not be able to make capital expenditures o c- will not be able to get a loan e D may still have &net increaste in cash QUESTION G e A Paid the insurance bill o CConversion of bonds payable into common stock Which of the tollowing transactions affects cash during the perlod? Declared a dividend. D.Writo-off of uncollectible accounts