Which of the Following Statements Is False

Which of the following statements is false?

A) Cash equivalents are included in cash on the balance sheet and on the statement of cash flows.
B) Investments in cash equivalents and investments in stock have the same economic effect-assets increase and decrease by the same amount.
C) An investment is a cash equivalent if it is convertible into a known amount of cash and has an original maturity of three months or less when purchased.
D) Investments in stock are reported as a financing activity on the statement of cash flows.