![]() Which of the following involves a movement of cash Which of the following is NOT a cash outflow for the firm On an accounting statement of cash flows an “increase(decrease) in cash and cash equivalents” appears as …………. (C) Cash outflow to purchase bonds issued by another company (B) Cash outflow to shareholders as dividends. (A) Cash outflow to the government for taxes Which of the following is a cash flow from a “financing” activity Which of the following would be considered a cash-flow item from an “investing” activity (D) I cannot say whether they are part of cash flow statement (C) May or may not form part of cash flow statement (B) Do not form part of cash flow statement (A) Net profit plus increase in outstanding expensesĬash equivalents are short term highly liquid investments that are readily convertible into known amounts of cash and which are subject to an insignificant risk of changes in value.įor an investment to qualify as a cash equivalent, it must be readily convertible to a known amount of ………. (D) Cannot say anything without monetary figures Increase in the amount of bills payable results in …………. This statement isĪ cash flow statement is like an income statementįunds flow statement and cash flow statement are one and the same The Preparation of Cash flow statement is governed by AS-3 (Revised). While preparing cash flow statement as per Indirect Method which of the following is added in net profit before working capital changes to calculate cash flow from operating activities (D) Operating Activities, unless they can be specifically identified with financial and investing activities (D) Under the heading “Cash flow from operating activities” after the heading cash generated from operation (C) Under the heading “Cash flow from operating activities” before heading cash generated from operation (B) Under the heading “Cash flow from financing activities” (A) Under the heading “Cash flow from investing activities” In cash flow statement cash flow on account of income tax paid is shown: (A) Profit before working capital changes ![]() Under Direct Method of Cash Flow Statement, starting point is …………. (C) Cash receipts and payments relating to futures contracts, forward contracts, option contracts and swap contracts when the contracts are held for dealing or trading purposes. (B) Cash receipts from disposal of intangibles. (A) Cash proceeds from issuing debentures, loans, notes, bonds, and other short or long-term borrowings Which of the following is / are cash flow from Financing Activities ![]() (C) Interest received on investment in debentures and bonds. (B) Cash payments to acquire shares, warrants or debt instruments of other enterprises and interests in joint ventures (A) Cash advances and loans made to third parties other than advances and loans made by a financial enterprise. Which of the following is/are cash flow from Investing Activities (C) Cash payments or refunds of income taxes unless they can be specifically identified with financing and investing activities and (B) Cash receipts and payments relating to futures contracts, forward contracts, option contracts and swap contracts when the contracts are held for dealing or trading purposes (A) Cash receipts and cash payments of an insurance enterprise for premiums and claims, annuities and other policy benefits Which of the following is/are cash flow from Operating Activities (C) Investment, when it has a short maturity of, say, 3 months or less from the date of acquisition. (A) Highly liquid investments that are readily convertible into known amounts of cash Which of the following can be categorized as cash equivalents as per AS-3 (C) Short term highly liquid investment readily convertible into cash which are subject to insignificant risk of changes in valueĪs per AS-3, an investment normally qualifies as a “cash equivalent” only when it has a short maturity of, say, from (A) Cash in hand and demand deposit with banks Which of the following method can be used by listed company for preparation of Cash Flow Statement Which of the following Accounting Standard deals with preparation of Cash Flow Statement “Cash flow statement reveals the effects of transactions involving movement of cash”. Cash Flow Statement – Corporate and Management Accounting MCQs Going through the Cash Flow Statement – Corporate and Management Accounting CS Executive MCQ Questions with Answers you can quickly revise the concepts.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |