Which one of the following statements is correct, with regard to the preparation of a statement of cash flows that complies with IAS7 Statements of Cash Flows?
A.
A statement of cash flows prepared using the direct method produces the same figure for net cash from operating activities as a statement produced by the indirect method.
B.
An increase in a bank overdraft during the accounting period is included within cash flows from financing activities.
C.
A profit on the sale of equipment is included within cash flows from investing activities.
D.
A surplus on the revaluation of property will appear within cash flows from investing activities.