Which of the Following Isnot True Regarding the Statement

Which of the following isnot true regarding the Statement of Cash Flows for nongovernmental, not-for-profit organizations?

A) Either the direct or indirect method may be used.
B) If a not-for-profit organization received a restricted cash contribution for long-term purposes, that cash contribution would be reported as a cash flow from financing activities.
C) Restricted contributions used for long-term purposes are reported as financing activities.
D) Four categories of cash flows are used.