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Under U.S. GAAP, which of the following statements about classifying cash flows is most accurate?

A Cash received from issuing long-term debt or stock is considered a financing cash flow.

Cash received from issuing securities is a financing cash flow. Income taxes paid are operating cash flows under U.S. GAAP. Interest and dividends received and interest paid are considered operating cash flows under U.S. GAAP, but dividends paid are considered financing cash flows.