Which of the following is false? The cash outflow for purchasing available-for-sale securities is reported as an operating activity. Either the direct or the indirect method can be used to calculate and report the net cash increase or decrease from operating activities. When a company purchases a security it considers a cash equivalent, the cash outflow is not reported on a statement of cash flows. The cash inflow from sale of short-term note payable is reported as a financing activity. 8. Mowing to anocher question wili save this response