Which of the following is true regarding the statement of cash flows and IFRS?

		Cash and cash equivalents are defined differently under IFRS than under GAAP.
		Under IFRS most companies choose to use the direct method of reporting cash flows from operating activities.
		Companies preparing a complete set of financial statements under IFRS may exclude the statement of cash flows if the cash flow activity is reported in the notes to the financial statements.
		Under IFRS noncash investing and financing activities are excluded from the statement of cash flows and instead are presented in the notes to the financial statements.

Acquiring land and a building by issuing common stock would be reported as:

		a noncash investing and financing activity.
		a financing activity.
		both an investing activity and a financing activity.
		an investing activity.