Which of the following statements is TRUE? O A. The Cash Flow Statement is not required by generally accepted accounting principles. OB. The Cash Flow Statement is for a point in time. O C. The Cash Flow Statement is a summary of all the transactions that affected Net Income OD. The Cash Flow Statement reports why cash increased or decreased during the accounting period Which of the following is NOT typically a short-term investment? O A. Certificates of Deposit O B. Corporate bonds C. Shares that are actively being traded D. Treasury Bill Which of the following describes the investing activities as shown in the cash flow statement? O A. includes increases and decreases in long-term assets OB. includes transactions affecting the capitalization of the business O C. shows the beginning and ending balance of cash D. includes transactions that primarily impact current assets and current liabilities ective: An exchange of a long-term note payable for equipment is presented on the financial statements as a disclosure note rather than as a source and use of cash on the cash flow statement. O True O False The fad ealed us . A) trer 2. B) vert 3. C) pro 7. D) rati swer: A 4:2 TYE arning op Gll: Know jective: Click to select your answer. 3D O BI e