State whether the following statements are True or False (i) Cash equivalents are short-term, highly liquid investments that are readily convertible into known amount of cash and which are subject to insignificant change in value. (ii) Operating Activities are the principal revenue producing activities of an enterprise and those activities which are not investing or financing activities. (iii) Shares issued to promoters in consideration of their services are shown as Financing Activity. (iv) Gratuity paid to a retiring employee is an Operating Activity. (v) Income Tax paid is always shown as Operating Activity. (vi) Divident paid is always shown as Financing Activity. (vii) Dividend paid is always shown as Financing Activity. (viii) Debentures issued for consideration other than Cash is shown as in flow under Financing Activity. (ix) Deperciation and Amortisation are added to Net profit before Tax and Extradordinary items, they being non-cash expense. (x) Prellminary expenses paid during the year are added to Net Profit before Tax and Extra-ordinary items and shown as outflow under Financing Activity.