1. Where does the line item “financing surplus (or requirement)” appear?

In the statement of cash flows only

In the UCA model only

In both the statement of cash flows and the UCA model

In the indirect method statement of cash flows only

2. When determining cash flow from financing activities, what is a key difference between the UCA model and the traditional statement of cash flows?

The placement of current maturities of long-term debt

The inclusion of the change in short-term notes payable

The placement of interest expense

The start with net income and then adding back depreciation and interest expense.