Indicate whether each of the following statements regarding the statement of cash flows (SCF) is true or false.
_____ a) Purchase of a certificate of deposit would appear in the investing activities section of the SCF.
_____ b) Sale of treasury stock would appear in the investing section of the SCF.
_____ c) Cash proceeds from the sale of a used truck would appear in the operating section of the SCF.
_____ d) Purchase of merchandise inventory would appear in the investing activities section of the SCF.
_____ e) Payment of salaries would appear in the operating section of the SCF.

Question

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The Answer of Indicate whether each of the following statements regarding the statement of cash flows (SCF) is true or false.
_____ a) Purchase of a certificate of deposit would appear in the investing activities section of the SCF.
_____ b) Sale of treasury stock would appear in the investing section of the SCF.
_____ c) Cash proceeds from the sale of a used truck would appear in the operating section of the SCF.
_____ d) Purchase of merchandise inventory would appear in the investing activities section of the SCF.
_____ e) Payment of salaries would appear in the operating section of the SCF.

Indicate Whether Each of the Following Statements Regarding the Statement