Which of the following statements concerning IFRS and the statement of cash flows is correct?

a) IFRS rules require companies that use the direct method to also provide a reconciliation of net income to cash flows from operating activities (essentially the indirect method).

b) IFRS permits companies to classify interest paid, interest received, and dividends received as part of either investing or operating activities.

c) When large foreign companies that follow IFRS prepare the statement of cash flows they overwhelmingly use the direct method to prepare the cash flow from the operating activities section.

d) IFRS rules permit companies that use bank overdrafts repayable on demand as part of their normal cash management activities to include those amounts as a component of cash and cash equivalents.