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A Caras 2 pts Question 4 Accounting standards: Alow companies to include the statement of cash flows in a complete set of financial statements the cash balance makes up more than 50% of the current assets Require that companies include a statement of cash flows in a complete set of trancial statements. Allow companies to out the statement of cash flows from a complete set of financial statements it the company has no financing activities Require that companies omit the statement of cash flows from a complete set of financial statements it the company has no investing activities Allow companies to omit the statement of cash flows from a complete set of financial statements if cash is an insignificant ut 2 pts Question 5 All of the following are true regarding the statement of cash flows except: Investing activities include transactions and events that come from the purchase and sale of long term assets Noncash activities are investing and financing activities that do not affect cash flows Investing activities include transactions that affect issuance of common stock Operating activities include transactions and events that affect net income Financing activities include transactions that affect long-term abilities and equity