Question 8 (1 point) Under the direct method, which item(s) would not be reported as a cash flow? a) Declaration of a $10,000 cash dividend. Ob) Depreciation expense of $10,000. c) Accrued $10,000 in salary expense. d) All of the above. e) None of the above. Question 9 (1 point) Under the direct method, a gain reported on the sale of a lone-term asset would be Question 9 (1 point) Under the direct method, a gain reported on the sale of a long-term asset would be reported as a negative adjustment in the operating activities section of the Statement of Cash Flows. a) True. b) False Question 10 (1 point) Under the direct method, cash paid in advance for insurance to cover a 2-year period would be reported as a cash outflow in the operating activities section a) True