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- 1. Multiple Choice
paying the rent would be an example of
cash inflow
cash outflow
- 2. Multiple Choice
selling an asset would be an example of
cash inflow
cash outflow
- 3. Multiple Choice
shows the movement of cash during a specific time frame that has already occured
cash flow statement
cash flow projection
- 4. Multiple Choice
Which is not a category of cash flow?
Operating
Investing
Financing
Current Assets
- 5. Multiple Choice
The following would appear in which section of the cash flow statement?
cash payments for equipment
Operating
Investing
Financing
- 6. Multiple ChoiceWhich accounting standard is applicable while preparing a cash flow statement ?AS-4AS-3AS-3(Revised)Schedule III
- 7. Multiple ChoiceWhile preparing a cash flow statement business activities are classified into ?03 categories06 categories04 categories02 categories
- 8. Multiple Choice
A cash flow statement shows an overview of money flowing in and out of a company
True
False
- 9. Multiple ChoiceCash Flow Statement is based upon
Cash basis of accountingAccrual basis of accountingCredit basis of accountingNone of the above - 10. Multiple ChoiceWhich of the following statements are false?
A) Cash Flow Statement is helpful in the formation of policies.
B) Cash Flow Statement is useful for external analysis
C) Cash Flow Statement is helpful in estimating future cash flowBoth A and BBoth A and CBoth B and CNone of the above - 11. Multiple ChoiceCash from operating activities consist of ____Operational Net ProfitDecrease in CAIncrease in CLAll
- 12. Multiple ChoiceWhile calculating Operating Net Profit which of the following is added to Net profit ____Refund of TaxDividend receivedTransfer to General ReserveGain on sale of assets
- 13. Multiple Choice
Cash deposited into bank will result in ____ of cash
Inflow
Outflow
No flow
All
- 14. Multiple Choice
Cash withdrawn from bank will result in ____ of cash
Inflow
Outflow
No flow
All
- 15. Multiple Choice
The following would appear in which section of the cash flow statement?
cash payments for purchases
Operating
Investing
Financing
- Answer choicesTagsAnswer choicesTags