Which of the following statements about cash flows are true? (Select all that apply.) Check All That Apply The income statement reports cash flow information directly The income statement reports cash flow information indirectly. The statement of cash flows reports information about cash flows directly. The statement of cash flows reports information about cash flows indirectly Knowledge Check 01 Which of the following statements about cash equivalents are true? (Select all that apply.) Check All That Apply Cash equivalents are short-term investments that have a maturity date no longer than one month from the date of purchase. Cash equivalents are short-term investments that have a maturity date no longer than three months from the date of statement of cash flows. Cash equivalents are short-term investments that have a maturity date no longer than three months from the date of purchase. Cash equivalents are short-term investments that have a maturity date no longer than one month from the date of purchase Cash equivalents are short-term investments that have a maturity date no longer than three months from the date of statement of cash flows Cash equivalents are short-term investments that have a maturity date no longer than three months from the date of purchase Examples of cash equivalents include money market funds, Treasury bills, and commercial paper