Which of the following describes the operating activities section of the statement of cash flows? O A. It reports on how cash flows affect the total assets and total liabilities, OB. It reports cash receipts and cash payments that increase or decrease long-term assets. C. It includes cash inflows and outflows related to long-term liabilities and equity. OD. It reports on activities that create revenues or expenses for the entity's business. esc * RC LOS $ 1 2 3 4 5 CO 6