Question 13. Which one of the following statements is correct according to IAS 7 Statement of Cash Flows?

Preparing a statement of cash flows using the direct method gives a different cash flow from operating activities to that using the indirect method

Cash flows from interest and dividends should be disclosed separately

A statement of cash flows may be included as a primary statement in an entitys financial statements, or in the notes to the financial statements

Financing activities include the acquisition and disposal of long-term assets and other investments not