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The Cash Flow Statement - XII- Accountancy

Total questions: 25

Worksheet time: 13mins

Name
Class
Date
1.

Cash from operating activities consists of

a)

Operating Profit

b)

Decrease/Increase in Current Assets

c)

Decrease/Increase in Current Assets

d)

All of the Above

2.

Statement of cash flows includes

a)

Financing Activities

b)

Operating Activities

c)

Investing Activities

d)

All of the Above

3.

Selling of any non- current asset would be an example of

a)

Operating activity

b)

Financing activity

c)

Investing activity

d)

Cash inflow in recurring nature

4.

While calculating operating profit which will be added to net profit

a)

Profit on Sale of Asset

b)

Increase in General Reserves

c)

Interest received

d)

Interest paid

5.

Cash Flow Statement is based upon

a)

Cash basis of accounting

b)

Accrual basis of accounting

c)

None of the above

6.

Ideally, the net cash flow should be

a)

positive

b)

negative

7.

In the case of financial enterprises, the cash flow resulting from interest and dividend received and interest paid should be classified as cash flow from

a)

Operating activities

b)

financing activities

c)

Investing activities

8.

Issue of bonus shares and conversion of debentures into equity are shown as a footnote to the Cash Flow Statement.

a)

True

b)

False

9.

Which is not a category of cash flow?

a)

Operating

b)

Investing

c)

Financing

d)

Current Assets

10.

The following would appear in which section of the cash flow statement?

Cash payments for purchasing inventory

a)

Operating

b)

Investing

c)

Financing

11.

The following would appear in which section of the cash flow statement?


Cash received from a business investor

a)

Operating

b)

Investing

c)

Financing

12.

The following would appear in which section of the cash flow statement?


cash payments for equipment

a)

Operating

b)

Investing

c)

Financing

13.

The following would appear in which section of the cash flow statement?


cash received from sales of services

a)

Operating

b)

Investing

c)

Financing

14.

The following would appear in which section of the cash flow statement?


Cash payment made to bank to pay down principal on long-term loan

a)

Operating

b)

Investing

c)

Financing

15.

The following would appear in which section of the cash flow statement?


Cash payments to employees for payroll

a)

Operating

b)

Investing

c)

Financing

16.

The following would appear in which section of the cash flow statement?


Cash received from the sale of property

a)

Operating

b)

Investing

c)

Financing

17.

Shows the total change in cash from operating, investing, and financing activities

a)

Beginning Cash Balance

b)

Net Cash Flows

c)

Ending Cash Balance

18.

how much cash a business generates from it's core business operations - selling products or services

a)

Operating Activities

b)

Financing Activities

c)

Investing Activities

19.

how much cash a business generates from selling a non-current asset or how much they spend to acquire a non-current asset

a)

Operating Activities

b)

Financing Activities

c)

Investing Activities

20.

how much cash is received from the investment of a business owner, cash received from a bank loan, and the cash paid for a bank loan.

a)

Operating Activities

b)

Financing Activities

c)

Investing Activities

21.
Made payments on accounts payable to merchandise suppliers.
a)
Operating
b)
Investing
c)
Financing
d)
Not Included
22.

Which of the following is not a cash inflow?

a)

Decrease in creditors

b)

Decrease in debtors

c)

Financing

d)

Sale of fixed assets

23.

Payment of interest charges relating to a note payable to First Bank is categorized to which activity?

a)

Operating

b)

Investing

c)

Financing

d)

Not Included

24.
Issued bonds payable for cash; management plans to use this cash in the near future to expand manufacturing and warehouse capabilities.
a)
Operating
b)
Investing
c)
Financing
d)
Not Included
25.
Paid salaries to employees in the finance department.
a)
Operating
b)
Investing
c)
Financing
d)
Not Included