Question: 3 3 . A change in depreciation method is accounted for by retrospectively revising prior years' financial statements. True False 3 4 . Cash flows
A change in depreciation method is accounted for by retrospectively revising prior years' financial statements.
True False
Cash flows from investing do not include cash flows from:
A Lending money to another corporation.
B The sale of equipment.
C Borrowing.
D The purchase of other corporation's securities
Cash flows from financing activities include:
A Interest received.
B Interest paid.
C Dividends received.
D Dividends paid.
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