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WorksheetsIAS 7 STATEMENT OF CASH FLOWS
Total questions: 10
Worksheet time: 7mins
Statement of cash flows governed by ......
IAS 33
IAS 12
IAS 7
IAS 16
The major activities highlighted by Statement of Cash flows international standards are....
Operating Activities
Investing Activities
Financing Activities
All the above
The following are the elements to adjust the noncash flow items except.....
Depreciation
Loss on disposal
Finance cost paid
Finance cost incurred
The following are deemed to be cash and cash equivalents as per the standards except
Cash
Money in bank
3 months fixed deposits
Long term investments
Dividend paid is part of the .....
Financing activities
Operating activities
Investment activities
None of the above
Increase in receivables will be shown in ........
Financing Activities
Investing activities
Movement in working capital
None of the above
Cash and cash equivalents at 31st March 2018 = $ (40,000) and 1st April 2017=$135,000. How much is the movement in cash flow for year ended 31st March 2018?
Increase $ 175,000
Decrease $ 175,000
Increase $95,000
Decrease $95,000
Inventory at 1st January 2018 = $ 60,000 and movement in inventory in SOCF shows ($20,000). What is the inventory as at 31st December 2018?
$40,000
$100,000
$140,000
$80,000
Issue of debentures, Redemption of debentures, issue of shares and dividend payment will be shown in ......
Adjustments for
Investing activities
Financing activities
Operating activities
What is the relevant workings need to shown to compute profit or loss before tax ?
Tax ac
Retained earnings ac
Profit before tax ac
Non of the above
