Which One of the Following Statements Concerning Accounting Reports Is

Multiple Choice

Which one of the following statements concerning accounting reports is correct?

A) Assets on the balance sheet are valued at historical cost less accumulated depreciation.
B) The investing activities section of the cash flow statement is primarily concerned with the firm's ownership of stocks and bonds issued by other companies.
C) Negative numbers for net investing activities and net financing activities indicate that a company is at risk for bankruptcy.
D) The income statement reflects the amount of cash available for investment and financing activities.