This transaction would affect investing activities since it is related to fixed assets

Sale of fixed assets is added while calculating cash flow from investing activities.

A cash outflow for payment of interest would be considered a cash-flow item from a "financing" activity

When a fixed asset is bought as hire purchase, interest element is classified under financing activities.

True. Cash flow from operating activities excludes money that is spent on capital expenditures.

None of these statements are true.

Non-cash expenses like depreciation, depletion & amortization expense are added to net profit before tax under indirect method.

The statement of cash flows clarifies cash flows according to operating, investing and financing activities.

Example of cash flow from financing activity is payment of dividend

Cash flow statement shows the activities of - operating, financial, balance sheet items.