Which of the Following Is True About the Statement of Cash

Multiple Choice

Which of the following is true about the Statement of Cash Flows (SCF) ?

A) The SCF is more subject to manipulation than the income statement.
B) Cash flow from financing activities is considered to be the most important part of the SCF.
C) Classification rules prevent manipulation of cash flows from operating activities on the SCF.
D) Flexibility in applying classification rules on the SCF allows companies in the same industry to give vastly different perspectives.