WorksheetsFABM2
Total questions: 10
Worksheet time: 5mins
Changes in long-term liabilities are part of what activity in the CFS?
Financing
Indirect Method
Cash outflow
Operation
Net income is part of which Approach in preparing the CFS?
Direct Method
Indirect Method
Operating
Financing
Using the direct method, the Kababayan Co. has a Net cash flow of operating activities is P120,000, the net cash flow of Investment Activities is (P150,000) and the net cash flow of Financing Activities is P500,000. The beginning cash is worth 300,000. What is the worth of the Net Increase in Cash?
470,000
120,000
350,000
500,000
Using the direct method, the Kababayan Co. has a Net cash flow of operating activities is P120,000, the net cash flow of Investment Activities is (P150,000) and the net cash flow of Financing Activities is P500,000. The beginning cash is worth 300,000. What is the worth of the cash at the end of the period?
830,000
800,000
770,000
670,000
Status of cash if Account Receivable is collected
Inflow
Cash Flow
Outflow
Net worth
Sold equipment belongs to what activity?
Financing
Investing
Operating
Net Increase Cash
Status of cash if the Bank paid the loan?
Inflow
cash flow
Outflow
Net worth
Status of Cash if the owners withdraw from her/his investment?
Inflow
Cash flow
Outflow
Net worth
Refund item from a customer?
Inflow
Cash flow
Outflow
net worth
petty cash fund
Inflow
working cash
outflow
cash equivalent
