Which of the following statements regarding the statement of cash flows is false?

a. The statement of cash flows separates cash inflows and outflows into three major categories: operating, investing, and financing.

b. The ending cash balance shown on the statement of cash flows must agree with the amount shown on the balance sheet at the end of the same period.
c. The total increase or decrease in cash shown on the statement of cash flows must agree with the “bottom line” (net income or net loss) reported on the income statement.

d. The statement of cash flows covers a period of time.