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- 1. Multiple Choice
Purchase of supplies on credit
Operating Inflow
Operating Outflow
Non-Cash Transaction
Investing Outflow
- 2. Multiple Choice
The following would appear in which section of the cash flow statement?
Cash payments for purchasing inventory
Operating
Investing
Financing
- 3. Multiple Choice
The following would appear in which section of the cash flow statement?
cash payments for equipment
Operating
Investing
Financing
- 4. Multiple Choice
The following would appear in which section of the cash flow statement?
Cash received from the sale of property
Operating
Investing
Financing
- 5. Multiple Choice
Shows the total change in cash from operating, investing, and financing activities
Beginning Cash Balance
Net Cash Flows
Ending Cash Balance
- 6. Multiple Choice
How much cash a business generates from it's core business operations - selling products or services
Operating Activities
Financing Activities
Investing Activities
- 7. Multiple Choice
How much cash a business generates from selling a non-current asset or how much they spend to acquire a non-current asset
Operating Activities
Financing Activities
Investing Activities
- 8. Multiple Choice
How much cash is received from the investment of a business owner, cash received from a bank loan, and the cash paid for a bank loan.
Operating Activities
Financing Activities
Investing Activities
- 9. Multiple ChoiceCash Flow Statement is based upon
Cash basis of accountingAccrual basis of accountingCredit basis of accountingNone of the above - 10. Multiple ChoicePayment of rent relates to _____ activityOperatingFinancingInvestingAll
- 11. Multiple Choice
Which of the following is an example of a cash out-flow for a business?
payments to accounts payable
sale of goods
payment from accounts receivable
receiving a loan from the bank
- 12. Multiple Choice
The following items would be classified as operating activities on the statement of cash flows
(a) Payment for inventory, payments for salaries, cash received from sale of goods
(a) Payments on loan, payments for taxes, payments for rent
(a) Acquisitions of equipment, payment of dividends , revenue
(a) Proceeds from borrowing ,payments of dividends, purchases of supplies
- 13. Multiple Choice
The following items would be classified as investing activities on the statement of cash flows
(a) Sale of goods , receipt of dividends, repurchase of firms own stock
(a) Proceeds from borrowing, payment of dividends, receipt of dividends
(a) Sale of property, purchase of equipment, sale of shares
(a) Proceeds from borrowing, payment of dividends, receipt of dividends
- 14. Multiple Choice
Proceeds from the sale of equipment used in the business
Operating
Investing
Financing
Supplemental
- 15. Multiple Choice
Selling an asset would be an example of
cash inflow
cash outflow
- 16. Multiple Choice
While preparing a cash flow statement business activities are classified into ?
3 categories
6 categories
4 categories
2 categories
- 17. Multiple ChoiceThe closing bank balance is calculated by:opening bank balance + cash out-flowopening bank balance + cash in-flowopening bank balance + net cash flownet cash flow + gross profit
- 18. Multiple ChoiceWhich of the following is true about cash flow?It is the same as profitIt is different from profitIt is the same as revenue
- 19. Multiple Choice
Which of the following is an example of a cash in-flow for a business?
payment to suppliers
paying back a loan to a bank
receipts from accounts receivable
purchase of non-current assets
- 20. Multiple Choice
Interest received from the bank
Investing inflow
Operating Inflow
Financing Inflow
Financing Outflow
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