WorksheetsManagement accounting
Total questions: 10
Worksheet time: 5mins
Meaning of fund
Net working capital
Cash
Non cash items
None of the above
Current assets realise in cash with in one year in the normal course of business
True
False
When a transaction results in increased in fund , such a transaction is said to be
Application of fund
Source of fund
None of the above
When a transaction involve only current accounts or only non- current accounts then there is
A. Flow of funds
B. No flow of funds
C. None of the above
D. Both A and B
When a transaction involves a current account and a non-current account then there is
A. Flow of funds
B. No flow of funds
C. None of the above
D. Both A and B
Sources of funds include
A. Sale of Fixed assets
B. Issue of share capital
C. Raising long term loans
D. All of the above
Application of funds include
A. Purchase of fixed assets
B. Repayment of debentures
C. Repayment of loans
D. All of the above
Funds flow statement consisting of
Funds from operations
Statement of working capital changes
Sources and application of funds
All of the above
When proposed dividend is treated as non current item
A. It is shown in the working capital changes
B. It is added back to profit in funds from operations
C. It is shown in the application of funds in Funds flow statement
D. It is shown as sources in the Funds flow statement
E. Both B and C
If Rs. 20,000, 14% debentures are redeemed then it results in
Sources of funds
Application of funds
None of the above
