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Analysis of financial statement 2

Total questions: 10

Worksheet time: 10mins

Name
Class
Date
1.

Patents and trademarks are examples of

a)

Intangible fixed assets

b)

Tangible fixed assets

c)

Intangible assets under development

d)

Capital work-in-capital

2.

Identify the item which is not a part of shareholders' funds

a)

Share application money pending allotment

b)

Share capital

c)

Reserves and surplus

d)

Money received against share warrants

3.

From the given items which is not shown under current liabilities

a)

Trade payables

b)

Short-term provisions

c)

Short-term borrowings

d)

Inventories

4.

From the given items which is a part of current liabilities

a)

Inventories

b)

Trade payables

c)

Cash and cash equivalents

d)

Trade receivables

5.

Which of the following is not shown as non-current liabilities

a)

Trade payables

b)

Long-term borrowings

c)

Deferred tax liabilities

d)

Long-term provisions

6.

Which of the following is not a long-term borrowing

a)

Bonds

b)

Debentures

c)

Public deposits

d)

Trade payables

7.

Which of the following is not a short-term borrowing

a)

Deposits

b)

Loans repayable on demand

c)

Bank overdraft

d)

Trade receivables

8.

Which of the following is not a non-current asset

a)

Fixed assets

b)

Share capital

c)

Long-term loans and advances

d)

Non-current investments

9.

If the operating cycle cannot be identified, it is assumed to be a period of

a)

10 months

b)

11 months

c)

9 months

d)

12 months

10.

Cash and cash equivalents does not include

a)

Cheques

b)

Balance with banks

c)

Bank deposits with more than 12 months maturity

d)

Inventories