Chapter cash-flow-statement: Cash Flow Statement MCQs | accountancy Class 12 CBSE

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Chapter cash-flow-statement: Cash Flow Statement MCQs | accountancy Class 12 CBSE | ByteNotes.in

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Easy

Question 1

Objective

Which Accounting Standard governs the preparation of Cash Flow Statement in India?

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Easy

Question 2

Objective

The primary objective of a Cash Flow Statement is to provide information about:

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Easy

Question 3

Objective

As per AS-3, 'Cash Equivalents' must have a maturity of:

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Medium

Question 4

Objective

Which of the following is NOT classified as a cash equivalent?

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Easy

Question 5

Objective

Purchase of machinery by a non-financial company is classified under which activity in the Cash Flow Statement?

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Medium

Question 6

Objective

For a non-financial enterprise, interest received on debentures held as investment is classified as:

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Easy

Question 7

Objective

Dividend paid by a non-financial company is classified under:

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Easy

Question 8

Objective

Which of the following is a cash outflow under FINANCING activities?

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Easy

Question 9

Objective

Under the indirect method of computing cash flow from operating activities, depreciation is:

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Medium

Question 10

Objective

An increase in trade receivables during the year results in:

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Medium

Question 11

Objective

Profit on sale of a fixed asset, while computing cash flow from operating activities under indirect method, is:

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Medium

Question 12

Objective

For a FINANCIAL enterprise (e.g., a bank), interest paid is classified as:

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Medium

Question 13

Objective

Which of the following transactions would NOT appear in the Cash Flow Statement?

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Medium

Question 14

Objective

Capital gains tax paid on sale of a fixed asset is classified under:

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Hard

Question 15

Objective

Purchase of shares by a share brokerage firm is classified as:

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Easy

Question 16

Objective

The starting point of the Indirect Method of computing cash flow from operating activities is:

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Medium

Question 17

Objective

An increase in trade payables during the year is:

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Hard

Question 18

Objective

Dividend Distribution Tax (DDT) paid should be classified along with:

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Hard

Question 19

Objective

Cash Flow Statement is prepared as per Companies Act, 2013 and its provisions. Under which section are Financial Statements defined?

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Medium

Question 20

Objective

Which method of computing cash from operations provides more useful information for estimating FUTURE cash flows?

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Chapter cash-flow-statement: Cash Flow Statement | MCQs

Which Accounting Standard governs the preparation of Cash Flow Statement in India?

The primary objective of a Cash Flow Statement is to provide information about:

As per AS-3, 'Cash Equivalents' must have a maturity of:

Which of the following is NOT classified as a cash equivalent?

Purchase of machinery by a non-financial company is classified under which activity in the Cash Flow Statement?

For a non-financial enterprise, interest received on debentures held as investment is classified as:

Dividend paid by a non-financial company is classified under:

Which of the following is a cash outflow under FINANCING activities?

Under the indirect method of computing cash flow from operating activities, depreciation is:

An increase in trade receivables during the year results in:

Profit on sale of a fixed asset, while computing cash flow from operating activities under indirect method, is:

For a FINANCIAL enterprise (e.g., a bank), interest paid is classified as:

Which of the following transactions would NOT appear in the Cash Flow Statement?

Capital gains tax paid on sale of a fixed asset is classified under:

Purchase of shares by a share brokerage firm is classified as:

The starting point of the Indirect Method of computing cash flow from operating activities is:

An increase in trade payables during the year is:

Dividend Distribution Tax (DDT) paid should be classified along with:

Cash Flow Statement is prepared as per Companies Act, 2013 and its provisions. Under which section are Financial Statements defined?

Which method of computing cash from operations provides more useful information for estimating FUTURE cash flows?

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