MCQs
Cash Flow Statement
Total Questions : 118
| Page 1 of 12 pages
Answer: Option B. -> A cash outflow for payment of interest
:
B
A cash outflow for payment of interestwould be considered a cash-flow item from a "financing" activity
:
B
A cash outflow for payment of interestwould be considered a cash-flow item from a "financing" activity
Answer: Option D. -> All three- Operating, Financial, Balance sheet
:
D
Cash flow statement shows the activities of -operating, financial, balance sheet items.
:
D
Cash flow statement shows the activities of -operating, financial, balance sheet items.
Answer: Option A. -> Operating activities
:
A
Under indirect method of preparing statement of cash flows, depreciation expense affects operating activities.
:
A
Under indirect method of preparing statement of cash flows, depreciation expense affects operating activities.
Answer: Option A. -> Cash flow statement
:
A
The statement which show the cash situation is called cash flow statement.
:
A
The statement which show the cash situation is called cash flow statement.
Answer: Option A. -> Operating activities
:
A
The main key activity of cash flow activities is operating activities.
:
A
The main key activity of cash flow activities is operating activities.
Answer: Option D. -> Payment of debt principle
:
D
Payment of debt principlewould not be considered a cash flow from “operating” activities
:
D
Payment of debt principlewould not be considered a cash flow from “operating” activities
Answer: Option A. -> Operating activities
:
A
In the case of financial enterprises, the cash flow resulting from interestreceived should be classified as cash flow from operating activities.
:
A
In the case of financial enterprises, the cash flow resulting from interestreceived should be classified as cash flow from operating activities.
Answer: Option D. -> None of these
:
D
None of these statements are true.
:
D
None of these statements are true.
Answer: Option B. -> Added
:
B
Sale of fixed assets is added while calculating cash flow from investing activities.
:
B
Sale of fixed assets is added while calculating cash flow from investing activities.
Answer: Option C. -> Financing activities
:
C
When a fixed asset is bought as hire purchase, interest element is classified under financing activities.
:
C
When a fixed asset is bought as hire purchase, interest element is classified under financing activities.