CASH FLOW STATEMENT Final

As per Accounting Standard-3, Cash Flow is classified into________

• Operating activities and investing activities
• Investing activities and financing activities
• Operating activities and financing activities
• Operating activities, financing activities and investing activities

Cash Flow Statement is also known as _____

• Statement of Changes in Financial Position on Cash basis
• Statement accounting for variation in cash
• Both a and b
• None of the above.

Cash Flow Statement is based upon
 

• Cash basis of accounting
• Accrual basis of accounting
• Credit basis of accounting 
• None of the above

Which of the following statements are false?
A) Cash Flow Statement is helpful in the formation of policies.
B) Cash Flow Statement is useful for external analysis
C) Cash Flow Statement is helpful in estimating future cash flow 

• Both A and B
• Both A and C
• Both B and C 
• None of the above

Cash from operating activities consist of ____

• Operational Net Profit
• Decrease in CA
• Increase in CL
• All

While calculating Operating Net Profit which of the following is added to Net profit ____

• Refund of Tax
• Dividend received
• Transfer to General Reserve
• Gain on sale of assets

Purchase of goodwill will appear in ____ activity?

• Operating
• Investing
• Both
• None

Cash deposited into bank will result in ____ of cash

• Inflow
• Outflow
• No flow
• All

Tags

CCSS.7.NS.A.1A

Issue of share against purchase of building is treated as _________ of cash.

• Outflow
• No flow
• Inflow
• None

Payment of rent relates to _____ activity

• Operating
• Financing
• Investing
• All