Which of the following statements concerning the statement of cash flows is true? Select one: O a. O b. O c. The statement of cash flows reports earnings per share. If the direct method is used, gains and losses on sale of equipment are not shown. The statement of cash flows is usually more accurate when using the indirect method. Od. The statement of cash flows is an optional financial statement for external reporting purposes.

Which of the following statements concerning the statement of cash flows is true? Select one: a. The statement of cash flows reports earnings per share. b. If the direct method is used, gains and losses on sale of equipment are not shown. c. The statement of cash flows is usually more accurate when using the indirect method. d. The statement of cash flows is an optional financial statement for external reporting purposes