Which of the following statements is true regarding dividend income? A) Dividend income appears in the stockholders' equity section of the balance sheet. B) Dividend income is reported on the income statement C) Dividend income is accrued at year-end D) Dividend income is recognized by companies that own debt securities. Which one of the following is an investing activity on the statement of cash flows? A) collection of accounts receivable B) receipt of dividends C) receipt of interest D) Purchase of long-term Investments Which one of the following is NOT an accurate statement regarding the direct write-off method of accounting for bad debts? A) Under the direct write-off method, an expense is increase. B) the allowance method for bad debts violates the matching principle, but the direct write-off method does not. C) the direct write-off method has some deficiencies when accounting for bad debts. D) the direct write-off method ignores the possibility that partial collection of a companys' outstanding accounts receivable may occur.