Under GAAP, which of the following is not correct about the statement of cash flows? I know it is not option B.

Select one or more:

a. Cash dividends paid are classified as cash flows from operating activities.

b. Cash dividends received on stock investments are classified as cash flows from operating activities.

c. A purchase of equipment is classified as a cash outflow from investing activities.

d. Paying dividends to investors creates a cash outflow from financing activities.