Which of the following is true? a. Investing activities are defined as the acquisition and disposal of long-term assess fincluding property, plant and equpment and ceher productive assets) and other investments isuch as securities) not included in cash equivalents: b. Preparers of general purpose financial statements have a presentation choice in Aase 107 between including interest experses wthin CFoh, or perhaps as part of the cash flows from financing activites and this choice is awilable within iffs. c. All the given opeions are correct d. Apart from requiring the distiosure of cash flows and non-cash financing and investing activities, Aasi 107 suggests-but does nce require-that the financial statements tby way of a note) should disclose infoemution abous the external financing arrangements of the entiny, as at the end of the financial year: QUESTION 7. Which of the following is true? a. Athough the statement of cash fows is developed in a way that is less influenced by professional judgement frelative to sccrual accounting, we always need to have a ievel of healthy shepticism when using information provided to us by managers of an organisation. b. Al the given options are correct, c. Asss 107 requires the disclosure of the policy adopted by the organisation for determining which icems are clussified as 'cash' and 'cash equivalents' in the statement of cash flows. d. 'Cash equivalents' is defined as shor-term, highly liquid investments that are readiy convertible to known amoents of cash and that are subject to an insignificant risk of change in value' according to AASB 107