[chuckeeebeee]

Question: Which of the following statements is false?

a. Financing activities usually involve long-term liability and current asset accounts

b. Operating activities usually involve current asset and current liability accounts

c. Investing activities usually involve long-term asset accounts

d. Non-cash transactions are not reported in the operating, investing or financing section of the statement of cash flows

e. All of the above are true statements

Any one's help would be greatly appreciated.

[jal343]

A is false Current Assets are in the operating section of the statement of cash flows