Make-up Quiz CFS

CFS stands for

• Cash Fuel Statement

• Cash Flows Statement

• Cash Flow Statement

• Cash Fast Statement

A Cash Flow Statement is similar to the

• Balance Sheet

• Income Statement

• Budget

• Statement of Receipts and Payments

The purpose of a Cash Flow Statement is

• to determine net amount of cash generated

• to evaluate firm's ability to meet obligations

• to assess long term debt arrangements

• review non current asset structure

• all of the above

Operating does not include

• cash sales

• collections from Debtors

• GST collected

• sale of a non current asset

Operating does not include

• credit sales

• payments to creditors

• rent

• cash sales

Revenue amounts are not included in the Cash Flow Statement

• False

• True

Which is not an inflow of financing

• capital contribution

• loan received

• capital invested in the form of a Vehicle

Operating activities examines

• The balance sheet - NCA section

• The Income Statement

• The Balance Sheet - Liabilities and OE sections

Paying interest is

• Investing

• Financing

• Operating

Net cash provided indicates

• the cash we invested

• Payments larger than receipts

• receipts larger than payments

• cash received from the bank