Statement of cash flows

Sorry for asking this again but its important for me. I watched your lecture repeatedly and this is what i understood. Please say is it correct?

1) Is it true that the reason profit in the SOPL is not a cash is because we use the accrual accounting where revenue and expenses are recorded when they happened (earned) irrespective when the cash will be received or paid?

2) I understood that we have to look for information in the question to identify the cash or non-cash items but how do we identify it in real-life (unless we memorize it)?

3) If the item is non-cash items then whatever we added as income should be deducted AND whatever we deducted as expenses should be added back to remove non-cash items from SOCF.

4) We need to remove all the non-cash items from operating activities so any cash not related to our operating income or expenses is actually a non-cash item which should be removed?

5) You start SOCF with PBT but can we use PBIT or net profit instead?

6) Profit on sale of NCA is a non-cash item but how do we know this exactly?

7) In Investing activities we are looking for the cash received or paid from investments such as Buying & selling of PPE, Equity and NCL.

8) In Financing activities we are looking for the cash received or paid from finances such as Equity and NCL.

Please Don’t mind 🙂