Cash Flow Statement
- Cash Flow Statement is mandatory for :
(a) All Companies
(b) All Partnership Firm
(c) All type of Business organization
(d) Listed Companies - Dividend received by financial enterprise is shown in the Cash Flow Statement under :
(a) Operating activities
(b) Investing activities
(c) Financial activities
(d) Cash & Cash Equivalent - Dividend received by other than financial enterprise is shown in the Cash Flow Statement under :
(a) Operating activities
(b) Investing activities
(c) Financing activities - Interest paid to other than financial enterprises is shown in the Cash Flow Statement under:
(a) Operating activities
(b) Investing activities
(c) Financing activities - Which of the following cash flows is not a cash flow from operating activity?
(a) Cash receipts from royalties, fees, commissions and other revenue.
(b) Cash payments to suppliers for goods and services.
(c) Cash payment to and on behalf of employees.
(d) Payment of dividend - Interest received by other than financial enterprise is shown in the Cash Flow Statement under :
(a) Operating activities
(b) Investing activities
(c) Financing activities - The Cash Flow Statement is based upon :
(a) Accrual basis of accounting
(b) Cash basis of accounting
(c) Accounting equation - The purchase of machinery by issuing long-term notes payable should be reported as a :
(a) Non-cash investing and financing activity
(b) Cash outflow in the operating activity
(c) Cash outflow in the investing activity
(d) Cash outflow in the financing activity - Which of the following is not an activity listed in the statement of cash flows:
(a) Financial activities
(b) Operating activities
(c) Funding activities
(d) Investing activities - Cash received from Debtor is :
(a) Financial activities
(b) Operating activities
(c) Funding activities
(d) Investing activities - Cash paid to creditors is :
(a) Cash inflow
(b) Not inflow nor outflow
(c) Cash Outflow
(d) Not an activities - Which of the following is a non-cash expense?
(a) Salary of Managing Director
(b) Depreciation
(c) Advertisement expenditure
(d) Interest on loan - Cash and cash equivalents consist of :
(a) Fixed deposits with State Bank of India maturing after one year.
(b) Investment in 5-years government bonds maturing after two month.
(c) Investment in Shares
(d) Purchase of Fixed Assets - Payment of Dividend Tax is classified as?
(a) Financial activities
(b) Operating activities
(c) Funding activities
(d) Investing activities - Payment of Dividend Tax is classified as?
(a) Financial activities
(b) Operating activities
(c) Funding activities
(d) Investing activities - Payment of Capital Gain Tax is classified as?
(a) Financial activities
(b) Operating activities
(c) Funding activities
(d) Investing activities - An activity which is classified as financing activities in case of all enterprise is:
(a) Payment of wages & salaries to staff
(b) Purchase of Fixed Assets
(c) Payment of Dividend on shares
(d) Investing activities - Winning from lottery is classified as?
(a) Financial activities
(b) Operating activities
(c) Funding activities
(d) Investing activities - Increase in Debtors is classified as?
(a) Financial activities
(b) Operating activities
(c) Funding activities
(d) Investing activities - Increase in Creditors is classified as?
(a) Financial activities
(b) Operating activities
(c) Funding activities
(d) Investing activities - Cash deposited in bank is classified as?
(a) Financial activities
(b) Operating activities
(c) Investing activities
(d) No Flow - Old Furniture written off is classified as?
(a) Financial activities
(b) Operating activities
(c) Investing activities
(d) No Flow - Marketable securities is classified as?
(a) Financial activities
(b) Operating activities
(c) Cash
(d) Cash equivalent - Bank overdraft is classified as?
(a) Financial activities
(b) Operating activities
(c) Investing Activities
(d) Cash & Cash equivalent - Buy Back of Shares is classified as?
(a) Financial activities
(b) Operating activities
(c) Investing Activities
(d) Extraordinary item under Financing Activity - Cash Credit is classified as?
(a) Financial activities
(b) Operating activities
(c) Investing Activities
(d) Extraordinary item Financing Activity - Compensation paid to employees under Voluntary Retirement Scheme is classified as?
(a) Financial activities
(b) Operating activities
(c) Investing Activities
(d) Extraordinary item under operating Activity - The profits made during the year were Rs. 1,25,000 and there was a decrease in the value of current assets to the extent of Rs. 10,000. However, there was a decrease in the value of current liabilities to the extent of Rs. 5,000. The company has acquired fixed assets costing Rs. 2,50,000 after selling one machine for Rs. 70,000 costing Rs. 1,50,000, on which depreciation charged is Rs. 90,000. Cash generated from operations equals :
(a) Rs. 1,20,000
(b) Rs. 1,25,000
(c) Rs. 1,50,000
(d) Rs. 2,50,000 - The company has acquired fixed assets costing Rs. 2,50,000 after selling one machine for Rs. 70,000 costing Rs. 1,50,000, on which depreciation charged is Rs. 90,000. Cash flow from Investing Activity is :
(a) Rs. 70,000
(b) Rs. 1,80,000
(c) Rs. 90,000
(d) Rs. 2,50,000 - Acquired machinery for Rs. 2,50,000 paying 20% down and executing a bond for the balance amount. Cash flow from Investing Activity is :
(a) Rs. 50,000
(b) Rs. 2,00,000
(c) Nil
(d) Rs. 2,50,000 - Paid Rs. 3,00,000 to acquires shares in Infosysis Ltd. and received a dividend of Rs. 50,000 after acquisition. Cash flow from Investing Activity is :
(a) Rs. 50,000
(b) Rs. 2,00,000
(c) Nil
(d) Rs. 2,50,000 - 500, 12% Debentures of Rs. 100 each converted into equity shares of equal amount. Cash flow from Financing Activity is :
(a) Rs. 5,00,000
(b) Rs. 1,20,000
(c) Nil
(d) Rs. 6,00,000 - 10,000 Equity shares of Rs. 10 each issued to suppliers of machinery. Cash flow from Financing Activity is :
(a) Rs. 5,00,000
(b) Rs. 1,20,000
(c) Nil
(d) Rs. 6,00,000 - 31-3-2014 31-3-2015
Equity shares capital 6,00,000 8,00,000
Equity shares were issue at a premium of 15%. Underwriting commission paid thereon Rs. 10,000. Interim Dividend paid on equity shares Rs.52,000. Cash flow from Financing Activity is :
(a) Rs. 1,68,000
(b) Rs. 2,30,000 (c) Rs.2,00,000
(d) Rs. 52,000 - 31-3-2014 31-3-2015
12% Preference shares capital 2,00,000 –
12% preference shares were redeemed at a premium of 5%. Dividend paid on preference shares Rs. 24,000. Cash flow from Financing Activity is :
(a) (Rs. 1,66,000)
(b) (Rs. 2,30,000) (c) (Rs.2,00,000)
(d) (Rs. 2,34,000) - 31-3-2014 31-3-2015
14% Debentures – 1,00,000
14% debentures were issued at a discount of 10%. Interest paid on debentures Rs. 14,000. Cash flow from Financing Activity is :
(a) Rs. 76,000
(b) Rs. 1,04,000 (c) Rs.90,000
(d) Rs. 86,000 - 31-3-2014 31-3-2015
Equity shares capital 6,00,000 8,00,000
Equity shares were issue at a premium of 15% for consideration other than cash. Interim Dividend paid on equity shares Rs.52,000. Cash flow from Financing Activity is :
(a) Rs. 1,68,000
(b) Rs. 2,30,000 (c) Rs.2,00,000
(d) (Rs. 52,000) - 31-3-2014 31-3-2015
Equity shares capital 6,00,000 8,00,000
14% Debentures 2,00,000 –
14 % Debenture are converted in to Equity shares. Interim Dividend paid on equity shares Rs.52,000. Interest paid on debentures Rs. 14,000.Cash flow from Financing Activity is :
(a) Rs. 1,68,000
(b) Rs. 52,000 (c) Rs.2,00,000
(d) (Rs. 66,000) - Cash receipts from disposal of fixed assets is a/an
(a) Operating Activity
(b) Investing Activity
(c) Financing Activity
(d) None of the above