Part 1 - True / False (select the appropriate answer with an X in the pace provided) (2 Points Each). 1. Information about cash flows helps users decide whether a company has enough cash to pay its debts as they mature. It is helps to evaluate a company's ability to meet unexpected obligations and pursue unexpected opportunities. 2. Financial reporting only includes general-purpose financial statements, and does not relate to information from SEC 10 K or other filings, press releases, shareholders' meetings, forecasts, management letters, auditors' reports, and webcasts. These are more anecdotal content 3. On a Cash Flow Statement, cash from collecting the principal amounts of notes that result from a loan to another party are classified as investing. However, FASB requires that the collection of interest on notes be reported as an operating activity, rather than an investing activity