The cash flow on total assets ratio is not affected by accounting recognition and measurement.

T/F

Because the direct method of preparing the statement of cash flows starts with net income, it is the method most frequently used.

T/F

When preparing the operating activities section of the statement of cash flows using the direct method, revenues and gains with no cash inflows are added back to net income.

T/F

Financing activities include receiving cash dividends from investments in equity securities.

T/F

When using a spreadsheet to prepare the statement of cash flows, an increase in accounts payable is entered in the Analysis of Changes columns with a debit in the statement of cash flows section and a credit in the balance sheet section.

T/F