Question: Question 7 (1 point) Depreciation is an expense that has no effect on cash flow. True False Question 8 (1 point) The Statement of Cash

Question 7 (1 point) Depreciation is an expense that has no effect on cash flow. True False Question 8 (1 point) The Statement of Cash Flows includes both cash and cash equivalents when reporting cash flows True O False Question 9 (1 point) 'Investing activities occur when the owners of the business invest more cash in the business. True False Question 10 (1 point) Information to prepare the statement of cash flows usually comes from comparative balance sheets and the current income statement. True False
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