The cash paid to settle a long-term note payable is included in the ________ section of the statement of cash flows.

a.operating

b.noncash

c.investing

d.financing

Accountants require investors without significant influence over the decisions of an investee firm to use the ________ method.

a.lower of cost or market

b.equity

c.cost

d.market value

Accountants require investors with significant influence, but not control, over the decisions of an investee firm to use the ________ method.

a.equity

b.lower of cost or market

c.market value

d.cost