x 1. Which of the following basic elements of financial statements is more associated with the statement of financial position than the income statement? Select one: a. Equity b. income C. Gain d. expense 2. Which of the following events will appear in the cash flows from financing activities section of the statement of cash flows? I Select one: a. Cash purchases of equipment b. Cash sales of equipment. c. Cash purchase of treasury stock. d. salary expenses 3. The quality of information that means the numbers and descriptions match what really existed or happened Select one a. relevance b. neutrality c. completeness d. faithfui representation