Which of the Following Statements Is True

question 69

Multiple Choice

Which of the following statements is true?

• A)Expenses reported on the income statement are equal to the cash paid for operating activities on the statement of cash flows.
• B)The statement of cash flows has a relationship with the balance sheet.
• C)Dividends paid are reported on the statement of cash flows as an operating cash flow and on the income statement as a financing cash flow.
• D)Net income is reported on the income statement but not on the statement of stockholders' equity.