Cash Flow Statement - Finance (MCQ) Questions and answers

Loading...

Prepare Interview

Aptitude

Reasoning

English

GD

Placement papers

HR

Current affairs

Practice Engineering

Cash Flow Statement - Finance (MCQ) Questions and answers

Custom Search MCA

MCQs

Home >> Category >> Finance (MCQ) Questions and answers >> Cash Flow Statement

1) For year 2013 Equity Share Capital is Rs 3,00,000 Preference Share Capital is 1,00,000 10% debentures is 2,00,000 and Share premium is 30,000. For year 2014 Equity Share Capital is Rs 4,00,000 Preference Share Capital is 60,000 10% debentures is 1,00,000 and Share premium is 40,000. Also given, Dividend paid on shares Rs 15,000 and Interest paid on debentures Rs 20,000. Determine net cash flow from financing activities. a. Cash inflow of Rs 65,000 b. Cash outflow of Rs 65,000 c. Cash inflow of Rs 56,000 d. Cash outflow of Rs 56,000 Answer



Explanation



2) Which of the following is not a cash outflow? a. Increase in Prepaid expenses b. Increase in debtors c. Increase in stock d. Increase in creditors Answer



Explanation



3) Which of the following is not a cash inflow? a. Decrease in debtors b. Issue of shares c. Decrease in creditors d. Sale of fixed assets Answer



Explanation



4) Which of the following statements are false? A) Old Furniture written off doesn’t affect cash flow. B) Cash flow statement is a substitute for cash account. C) Appropriation of retained earnings is not shown in Cash flow statement. D) Net cash flow during a period can never be negative. a. A, B, C b. B, C, D c. C, D, A d. None of the above Answer



Explanation



5) When a fixed asset is bought as hire purchase, interest element is classified under ______ and loan element is classified under________. a. Operating activities, financing activities b. Financing activities, investing activities c. Investing activities, operating activities d. None of the above Answer



Explanation



6) Issue of bonus shares and conversion of debentures into equity are shown as a footnote to the Cash Flow Statement. a. True b. False

Answer



Explanation



7) In case of other enterprises cash flow arising from interest paid should be classified as cash flow from ________ while dividends and interest received should be stated as cash flow from _______. a. Operating activities, financing activities b. Financing activities, investing activities c. Investing activities, operating activities d. None of the above Answer



Explanation



8) In the case of financial enterprises, the cash flow resulting from interest and dividend received and interest paid should be classified as cash flow from a. Operating activities b. Financing activities c. Investing activities d. None of the above Answer



Explanation



9) Listed Enterprises need to prepare Cash Flow Statement only under indirect method. a. True b. False

Answer



Explanation



10) As per AS-3, Cash Flow Statement is mandatory for A) All enterprises B) Companies listed on a stock exchange C) Companies with a turnover of more than Rs 50 crores a. Both A and B b. Both A and C c. Both C and B d. None of the above Answer



Explanation



1 2 3 4 5

Related Content Management Accounting

Home

About us

Contact us

Terms of use

Ask Us

Follow us on Facebook!

© Copyright 2016. All Rights Reserved.

MBA

English

Online test

Tutorials

Login

Download

Loading...

Cash Flow Statement - Finance (MCQ) Questions and answers

Prepare Interview Aptitude Reasoning English GD Placement papers HR Current affairs Practice Engineering Cash Flow Statement - Finance (MCQ) ...

110KB Sizes 1 Downloads 3 Views

Recommend Documents

Cash Flow Statement CBSE Questions & Answers - EduCoop.com
Dividend Received; Share issue expenses; Interest paid; Bonus share. Correct Answer: Bonus share. Q.3) Which of the foll

Recent questions and answers in Cash Flow Statement and Fund
Recent questions and answers in Cash Flow Statement and Fund Flow Statement. 1 answer. Sir please tell me about the adju

Cash Flow Statement Indirect Method Questions And Answers Pdf
The statement of cash flows (also known as the cash flow statement) reports. the major Gain access to our 1,700 accounti

cash flow statement questions and answers - Career Ride
Funds flow/cash flow statement questions and answers on topics like need for Fund Flow Statement & its limitations, basi

cash flow statement direct method questions and answers | Project
Sep 11, 2017 - 60 questions were administered and fifty eight (58) were returned. The responses were then analyzed using

Management Accounting - Finance (MCQ) Questions and answers
Dear Readers, Welcome to Management Accounting multiple choice questions and answers with explanation. These objective t

Statement of Cash flows MCQs - Quiz Questions - Finance MCQ
Statement of Cash flows MCQs Quiz Online Tests pdf Download. Practice statement of cash flows MCQs, finance MCQs for onl

AccountingTools - Questions & Answers.pdf | Cash Flow Statement
AccountingTools - Questions & Answers. 4/5/16, 1:04 PM. How to prepare a cash flow statement. Saturday, September 13, 20

Chapter - Cash Flow Statement, Important Questions, Accountancy
Feb 8, 2017 - This document contained Important Questions for Chapter : Cash Flow Statement of Account, Class 12. The do

The cash flow statement
For questions 1 to 10, read the text and decide which answer, A, B or C, best fits each gap. An example (0) has been don