The direct approach to presentation of a cash flow statement differs from the indirect approach in which section? Operating activities Investing activities Financing activities There is no difference, as the overall change in cash would be the same. Question 5 1 pts Which of the following events would create an inflow of cash? Selling goods on credit Issuing common shares. Payment of a dividend. Recognition of depreciation expense. Question 6 1 pts The investing activities section of a cash flow statement usually involves accounts classified as: current assets and long-term assets. o long-term liabilities o long-term assets o long-term assets and shareholders' equity. Question 7 1 pts Which of the following is not a common cash flow challenge? Along cash-to-cash cyde Significant growth None of the other answers is correct. All are common cash flow challenges. Inadequate financing. Question 8 1 pts Company's usually prefer a cash-to-cash cycle that is in order to o longer; avoid liquidity issues o longer; improve profitability O shorter; improve profitability O shorter; avoid liquidity issues Question 9 1 pts If wages expense of $3,500,000 is paid by a company during 2017, and shown as one line on the income statement, titled 'wages expense, the company is. presenting this expense by nature. O using a single-step income statement. presenting this expense by function using a multi-step income statement Question 10 1 pts If a company has made arrangements with their bank to borrow money in months when their bank account balance is negative, the company has: O a very generous banker. a term deposit O overdraft protection. O along-term loan