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CASH FLOW STATEMENT

Total questions: 45

Worksheet time: 45mins

Name
Class
Date
1.

Cash deposit with the bank with a maturity date two months belongs to which of the following in the cash flow statement:

a)

(a) Investing activities

b)

(b) Financing activities

c)

(c) Cash and Cash equivalents

d)

(d) Operating activities

2.

Which of the following is considered as Cash Equivalents?

a)

(a) Bank deposits for 2 months

b)

(b) Commercial Paper

c)

(c) Treasury Bills

d)

(d) All of the above

3.

Which of the following item is considered as Cash Equivalents?

a)

(a) Marketable Securities

b)

(b) Debtors

c)

(c) Investment

d)

(d) Bill of Exchange

4.

Which of the following item is not considered as Cash Equivalents?

a)

(a) Short term Deposits in Bank

b)

(b) Commercial Papers

c)

(c) Treasury Bills

d)

(d) Investment

5.

Interest paid by an investment company will come under which kind of activity while preparing cash flow statement?

a)

(a) Cash Flow from Operating Activities

b)

(b) Cash Flow from Investing Activities

c)

(c) Cash flow from Financing Activities

d)

(d) No Cash Flow

6.

Dividend paid by a manufacturing company is classified under which kind of activity while preparing cash flow statement?

a)

(a) Cash Flow from Operating Activities

b)

(b) Cash Flow from Investing Activities

c)

(c) Cash flow from Financing Activities

d)

(d) No Cash Flow

7.

Dividend paid by a finance company is classified under which kind of activity while preparing cash flow statement?

a)

(a) Cash Flow from Operating Activities

b)

(b) Cash Flow from Investing Activities

c)

(c) Cash flow from Financing Activities

d)

(d) No Cash Flow

8.

A Mutual Fund Company receives a dividend of ₹ 20 Lakhs on its investments in another company’s shares. Where will it appear in a Cash Flow Statement?

a)

(a) Cash Flow from Operating Activities

b)

(b) Cash Flow from Investing Activities

c)

(c) Cash flow from Financing Activities

d)

(d) No Cash Flow

9.

How will you classify deposits by customers in SBI Bank?

a)

(a) Cash Flow from Operating Activities

b)

(b) Cash Flow from Investing Activities

c)

(c) Cash flow from Financing Activities

d)

(d) No Cash Flow

10.

How will you classify loans given by Ranjan Finance Company?

a)

(a) Cash Flow from Operating Activities

b)

(b) Cash Flow from Investing Activities

c)

(c) Cash flow from Financing Activities

d)

(d) No Cash Flow

11.

A company receives a dividend of ₹ 2 Lakhs on its investment in other company’s shares. In casse of a finance Company, it will be classified under which kind of activity?

a)

(a) Cash Flow from Operating Activities

b)

(b) Cash Flow from Investing Activities

c)

(c) Cash flow from Financing Activities

d)

(d) No Cash Flow

12.

Dividend paid by a Trading company is classified under which kind of activity while preparing cash flow statement?

a)

(a) Cash Flow from Operating Activities

b)

(b) Cash Flow from Investing Activities

c)

(c) Cash flow from Financing Activities

d)

(d) No Cash Flow

13.

Mention the net amount of ‘Source’ or ‘Use’ of cash when a fixed asset having book value of ₹15,000 is sold at a loss of ₹ 5,000.

a)

(a) Use ₹ 5,000

b)

(b) Source ₹ 10,000

c)

(c) Use ₹ 15,000

d)

(d) Source ₹ 15,000

14.

State whether cash deposited in bank will be classified under which kind of activity?

a)

(a) Cash Flow from Operating Activities

b)

(b) Cash Flow from Investing Activities

c)

(c) Cash flow from Financing Activities

d)

(d) No Cash Flow

15.

Interest received by a finance company is classified under which kind of activity while preparing a Cash flow statement?

a)

(a) Cash Flow from Operating Activities

b)

(b) Cash Flow from Investing Activities

c)

(c) Cash flow from Financing Activities

d)

(d) No Cash Flow

16.

How will you treat payment of ‘Interest on Debentures’ while preparing a cash Flow Statement?

a)

(a) Cash Flow from Operating Activities

b)

(b) Cash Flow from Investing Activities

c)

(c) Cash flow from Financing Activities

d)

(d) No Cash Flow

17.

Where will you show purchase of Goodwill in a Cash Flow Statement?

a)

(a) Cash Flow from Operating Activities

b)

(b) Cash Flow from Investing Activities

c)

(c) Cash flow from Financing Activities

d)

(d) No Cash Flow

18.

How will you treat Bank Overdraft in a Cash Flow Statement?

a)

(a) Cash Flow from Operating Activities

b)

(b) Cash Flow from Investing Activities

c)

(c) Cash flow from Financing Activities

d)

(d) No Cash Flow

19.

How will you treat payment of dividend in a Cash flow statement?

a)

(a) Cash Flow from Operating Activities

b)

(b) Cash Flow from Investing Activities

c)

(c) Cash flow from Financing Activities

d)

(d) No Cash Flow

20.

A Ltd, engaged in the business of retailing of two wheelers, invested ₹ 50,00,000 in the shares of a manufacturing company. Dividend received on this investment will be:

a)

(a) Cash Flow from Operating Activities

b)

(b) Cash Flow from Investing Activities

c)

(c) Cash flow from Financing Activities

d)

(d) No Cash Flow

21.

Fine Garments Ltd. Is engaged in the export of readymade garments. The company purchased a machinery of ₹ 10,00,000 for the use in packaging of such garments. Cash flow due to the purchase of machinery will be cash flow from:

a)

(a) Cash Flow from Operating Activities

b)

(b) Cash Flow from Investing Activities

c)

(c) Cash flow from Financing Activities

d)

(d) No Cash Flow

22.

How will you deal increase in the balance of ‘Securities Premium Reserve’ while preparing a Cash Flow Statement?

a)

(a) Cash Flow from Operating Activities

b)

(b) Cash Flow from Investing Activities

c)

(c) Cash flow from Financing Activities

d)

(d) No Cash Flow

23.

If the amount of goodwill is ₹ 40,000 at the beginning of a year and ₹ 48,000 at the end of that year then while preparing cash flow statement its effect on cash flow will be:

a)

(a) Cash used (Payment) in Investing activates ₹ 8,000

b)

(b) Cash received from operating activates ₹ 8,000

c)

(c) Cash used (payment) from Operating activates ₹ 8,000

d)

(d) Cash used (payment) from Financing activates ₹ 8,000

24.

Cash flow statement is prepared for financial planning of ………………….

a)

(a) Long range

b)

(b) Medium range

c)

(c) short range

d)

(d) very long range

25.

Which of the following is source of cash?

a)

(a) Cash deposited into Bank

b)

(b) cash withdrawn from Bank

c)

(c) Sale of Goods costing ₹ 10,000 for ₹ 8,000

d)

(d) sale of marketable securities for cash

26.

Which of the following is not source of cash?

a)

(a) Issue of shares

b)

(b) Purchase of Machinery

c)

(c) Sale of Asset

d)

(d) Dividend received

27.

Which of the following is not application of cash?

a)

(a) Increase in Debtors

b)

(b) Increase in Inventory

c)

(c) Increase in Bills payable

d)

(d) increase in prepaid Expenses

28.

Cash from operating activities consists of:

a)

(a) Operating Profit

b)

(b) Decrease/Increase in Current Assets

c)

(c) Decrease/Increase in Current liabilities

d)

(d) All of the above

29.

While calculating operating profit which will be added to net profit:

a)

(a) Preliminary expenses Written off

b)

(b) Depreciation

c)

(c) Loss on Sale of Asset

d)

(d) All of the above

30.

Which calculating operating profit which will be added to net profit

a)

(a) Profit on Sale of Asset

b)

(b) Increase in General Reserves

c)

(c) Interest received

d)

(d) Refund of Tax

31.

While calculating cash flow operating activities which will be deducted:

a)

(a) Decrease in Prepaid Expenses

b)

(b) Increase in Trade Payables

c)

(c) Increase in Trade Receivables

d)

(d) Decrease in Trade Receivables

32.

While calculating cash flow from operating activities which will be added:

a)

(a) Increase in Inventory

b)

(b) Increase in Creditors

c)

(c) Decrease in Bills Payable

d)

(d) Increase in Trade Receivables

33.

Cash from Operating activities will decrease due to:

a)

(a) Increase in Current Assets

b)

(b) Decrease in Current Liabilities

c)

(c) Neither of the two

d)

(d) Both A and B above

34.

Which of the following is incorrect about the statement of cash flows?

a)

(a) It provides information about the cash receipt and cash payments of an enterprise.

b)

(b) It reconciles ending cash balance with the balance as per bank statement.

c)

(c) It provides information about the operating, investing and financing activities.

d)

(d) It explains the deviation of cash from Earnings.

35.

The statement of cash flows clarifies cash flows according to _______

a)

(a) Operating and non-operating flows

b)

(b) investing and non-operating flows

c)

(c) Inflows and outflows

d)

(d) operating, investing and financing activities

36.

An example of cash flow from operating activity is:

a)

(a) Purchase of own debenture

b)

(b) Sale of fixed assets

c)

(c) Interest paid on term-deposits by a bank

d)

(d) Issue of equity share capital

37.

An example of Cash Flow from Operating Activity is:

a)

(a) Cash receipts from sale of goods and services

b)

(b) Sale of long-term investments

c)

(c) Interest Received

d)

(d) Issue of Debentures

38.

Which of the following is an example of cash flow from Operating Activities?

a)

(a) Issue of Shares

b)

(b) Purchase of Machinery

c)

(c) Purchase of Investment

d)

(d) Purchase of Inventory for cash

39.

An example of cash from investing activity is:

a)

(a) Issue of debenture

b)

(b) Repayment of long-term loan

c)

(c) Purchase of raw materials for cash

d)

(d) Sale of investment by non-financial enterprise.

40.

An example of cash flows from Investing Activity is :

a)

(a) Cash Revenue from Operations

b)

(b) Commission Received

c)

(c) Payment of cash for purchase of fixed asset

d)

(d) Dividend paid

41.

An Example of cash flow from financing activity is:

a)

(a) Payment of dividend

b)

(b) Receipt of dividend on investment

c)

(c) Cash received from customer

d)

(d) Purchase of fixed asset

42.

An example of Cash Flows from financing Activity is:

a)

(a) Credit Revenue from operations

b)

(b) Cash receipts from issue of shares

c)

(c) Sale of Investments

d)

(d) Interest Received

43.

If a machine whose original cost is ₹ 40,000 having accumulated depreciation ₹ 12,000, were sold for ₹ 34,000 then while preparing cash Flow Statement its effect on cash flow will be:

a)

(a) Chas flow from financing activities ₹ 34,000

b)

(b) Chas flow from financing activities ₹ 6,000

c)

(c) Chas flow from investing activities ₹ 34,000

d)

(d) Chas flow from investing activities ₹ 6,000

44.

If 6% pref. share capital ₹ 2,00,000 were redeemed at a premium of 5%, while preparing Cash Flow Statement its effect on cash flow will be:

a)

(a) Cash used from financing activates ₹ 2,12,000

b)

(b) Cash received from financing activates ₹ 2,12,000

c)

(c) Cash used (payment) from financing activates ₹ 2,10,000

d)

(d) Cash used (payment) from financing activates ₹ 2,00,000

45.

Which of the following item is not considered as Cash Equivalents?

a)

(a) Short term Deposits in Bank

b)

(b) Commercial Papers

c)

(c) Treasury Bills

d)

(d) Investment