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WorksheetsCash Flow Statement QUIZ
Total questions: 13
Worksheet time: 8mins
The Owner of Evan's Electrical withdraws $10,000 from the business account.
OPERATIONAL
INVETSMENT
FINANCIAL
DOES NOT APPEAR ON THE CASH FLOW STATEMENT
The business ute (for Evan's Electrical) is depreciated by $2,000 for the year. This would appear on the Cash Flow Statement under:
OPERATIONAL
INVESTMENT
FINANCIAL
DOES NOT APPEAR ON THE CASH FLOW STATEMENT
The Accountant for Evan's Electrical pays the electrical bill for the office. This would appear on the Cash Flow Statement under:
OPERATIONAL
INVESTMENT
FINANCIAL
DOES NOT APPEAR ON THE CASH FLOW STATEMENT
The Accountant for Evan's Electrical pays the bill of $30,000 for the new vehicle. This appears on the Cash Flow Statement under:
OPERATIONAL
INVESTMENT
FINANCIAL
DOES NOT APPEAR ON THE CASH FLOW STATEMENT
Evan (from Evan's Electrical) receives cash for completing a job. This appears on the Cash Flow Statement under:
OPERATIONAL
INVESTMENT
FINANCIAL
DOES NOT APPEAR ON THE CASH FLOW STATEMENT
Evan's Electrical receives dividend payments. This appears on the Cash Flow Statement under:
OPERATIONAL
INVESTMENT
FINANCIAL
DOES NOT APPEAR ON THE CASH FLOW STATEMENT
Evan (from Evan's Electrical) pays for some fans for the business by credit card. This appears on the Cash Flow Statement under:
OPERATIONAL
INVESTMENT
FINANCIAL
DOES NOT APPEAR ON THE CASH FLOW STATEMENT
The business borrows $50,000 from the bank to purchase new equipment. This loan appears on the Cash Flow Statement under:
OPERATIONAL
INVESTMENT
FINANCIAL
DOES NOT APPEAR ON THE CASH FLOW STATEMENT
What is missing from this Statement of Cash Flow?
The total inflows, and the total outflows for Operating Activities
Receipts from customers
The correct heading
The date of the Statement
Based on this Cash Flow Statement, would you invest in this business?
What are the 3 accounting principles?
Evaluate Performance
Discharge Accountability
Makeup information to provide to auditors
Provide information for decision making
Which description best describes what goes under Investments in a Cash Flow Statement?
Activities that are completed for investment purposes
Day to day activities
Activities related to the ownership of the business
Owner Contributions
Which of the following goes under Financial in a Cash Flow Statement?
Inventory
Sales
Long term loan payments
Wages
