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Class 12 Accountancy
Cash Flow Statement
Quiz 1
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Preparation of cash flow statement is :
0%
Mendatory
0%
Recommendatory
0%
Required under the Companies Act
0%
None of these
Explanation
Mendatory
Issue of shares in consideration of purchase of plant and machinery results into :
0%
Inflow of Cash
0%
Outflow of Cash
0%
Neither Inflow nor Outflow
0%
None of these
Explanation
Neither Inflow nor Outflow
If net profit is 7 50,000 after writing off goodwill 7 10,000 then the cash flow from operating activities will be:
0%
₹ 60,000
0%
₹ 40,000
0%
₹ 50,000
0%
₹ 30,000
Explanation
₹ 60,000
If net profit is ₹ 35,000 after writing off good will ₹ 6,000 and loss on sale of furniture ₹ 1,000, cash flow from operating activities will be :
0%
₹ 35,000
0%
₹ 42,000
0%
₹ 29,000
0%
₹ 28,000
Explanation
₹ 42,000
Cash sales in :
0%
Operating Activity
0%
Investing Activity
0%
Financing Activity
0%
None of these
Explanation
Operating Activity
Cash from operating activities will decrease due to :
0%
Increase in Current Assets
0%
Decrease in Current Liabilities
0%
Neither of the two
0%
Both (a) and (b)
Explanation
Both (a) and (b)
Which of the following is an example of Cash Flow from Operating Activities ?
0%
Purchase of Machinery
0%
Issue of Shares
0%
Purchases of Inventory for Cash
0%
Purchases of Investment
Explanation
Purchases of Inventory for Cash
While calculating operating profit which will be added to net profit:
0%
Interest received
0%
Profit on sale of Asset
0%
Increase in General Reserve
0%
Refund of Tax
Explanation
Increase in General Reserve
While calculating cash flow from operating netivities which will be deducted ?
0%
Increase in Creditors
0%
Increase in Debtors
0%
Decrease in Debtors
0%
Decrease in Prepaid Expenses
Explanation
Increase in Debtors
While calculating cash flow from operating activities, which will be added ?
0%
Increase in Stock
0%
Increase in Creditors
0%
Decrease in Bills Payable
0%
Increase in Debtors
Explanation
Increase in Creditors
An example of Cash Flow from Investing Activities :
0%
Cash Sales
0%
Issue of Shares
0%
Payment of cash for purchase of machinery
0%
Payment of Dividend
Explanation
Payment of cash for purchase of machinery
An example of Cash Flows from Financing Activity is :
0%
Sale of goods
0%
Sale of Investment
0%
Cash receipts from issue of shares
0%
Interest received
Explanation
Cash receipts from issue of shares
How will you treat payment of ‘Interest of Debentures’ while preparing a Cash Flow Statement ?
0%
Cash Flow from Operating Activities
0%
Cash Flow from Investing Activities
0%
Cash Flow from Financing Activities
0%
Cash Equivalents
Explanation
Cash Flow from Financing Activities
Where will you show purchase of goodwill in Cash Flow Statement:
0%
Cash Flow from Operating Activities
0%
Cash Flow from Investing Activities
0%
Cash Flow from Financing Activities
0%
Cash Equivalent
Explanation
Cash Flow from Investing Activities
Interest received by a finance company is classified under which kind of activity while preparing a Cash Flow Statement ?
0%
Cash Flow from Operating Activities
0%
Investing Activities
0%
Financing Activities
0%
Cash Equivalent
Explanation
Cash Flow from Operating Activities
Which of the following item is considered as cash equivalents:
0%
Bank Overdraft
0%
Bills Receivable
0%
Debtors
0%
Short-term Investment
Explanation
Bank Overdraft
Which of the following item is not considered as cash equivalents ?
0%
Bank Overdraft
0%
Commercial Papers
0%
Treasury Bills
0%
Investment
Explanation
Investment
Cash payment to employees is a Cash Flow from:
0%
Operating Activities
0%
Investing Activities
0%
Finance Activities
0%
All the above
Explanation
Operating Activities
Which of the following is not a Cash in Flow ?
0%
Sale of Fixed Asset
0%
Purchase of Fixed Asset
0%
Issue of Debentures
0%
Sale of Goods for Cash
Explanation
Purchase of Fixed Asset
In cash flow statement, the item of ‘Interest’ is shown in:
0%
Operating Activities
0%
Investing Activities
0%
Financial Activities
0%
In both & (c)
Explanation
In both (d) & (c)
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