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CASH FLOW STATEMENT QUIZ

Total questions: 15

Worksheet time: 15mins

Name
Class
Date
1.

Directions: Choose the letter of the best answer.

1. The Financial Statement that shows the net change in the cash balance of a company for a period.

a)

A. Cash Flow Statement

b)

B. Statement of Financial Position

c)

C. Statement of Changes in Equity

d)

D. Statement of Comprehensive Income

2.

2. What component of CFS does purchase of goods on cash belong to?

a)

A. Financing

b)

B. Investing

c)

C. Operating

d)

D. None of the above

3.

3. What component of CFS does cash paid to purchase of fixtures belong to?

a)

A. Financing

b)

B. Investing

c)

C. Operating

d)

D. None of the above.

4.

4. What component of CFS does cash received from a loan in a bank belong to?

a)

A. Financing

b)

B. Investing

c)

C. Operating

d)

D. None of the above

5.

5. What component of CFS does additional investments from owner belong to?

a)

A. Financing

b)

B. Investing

c)

C. Operating

d)

D. None of the above

6.

Directions: Identify which of the following transactions fall under operating, investing and financing activities.

6. Cash paid to purchase goods

a)

Operating Activities

b)

Investing Activities

c)

Financing Activities

7.

7. Cash paid to purchase office furniture

a)

Operating Activities

b)

Investing Activities

c)

Financing Activities

8.

8. Cash received from sale of store equipment

a)

Operating Activities

b)

Investing Activities

c)

Financing Activities

9.

9. Cash received from getting a loan from a bank

a)

Operating Activities

b)

Investing Activities

c)

Financing Activities

10.

10. Cash paid to owners

a)

Operating Activities

b)

Investing Activities

c)

Financing Activities

11.

11. How much is the firm's net cash flow generated/used from operating activities?

a)

A. 10,000.00

b)

B. 20,000.00

c)

C. 22,500.00

d)

D. None of the above

12.

12 Compute for the firm's net cash flow generated/used from investing activities.

a)

A. 10.000.00

b)

B. 20,000.00

c)

C. 22,500.00

d)

D. None of the above

13.

13. How much is the firm's net cash flow generated/used from financing activities?

a)

A. 10.000.00

b)

B. 20.000.00

c)

C. 22,500.00

d)

D. None of the above

14.

14. Compute for the net change in cash for the period.

a)

A. 12.500.00

b)

B. 32,500.00

c)

C. 52,500.00

d)

D. None of the above

15.

15. If beginning cash balance is 15,000. What is the ending cash balance of the period?

a)

Α. 27,500.00

b)

B. 47,500.00

c)

C. 67,500.00

d)

D. None of the above