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Question-1
The cash flow statement reports the _________ generated and used during the time interval specified in its heading.
(A)
Computer
(B)
Bank
(C)
Cash
(D)
None of these
Question-2
_________ are short - term, highly liquid investments, readily convertible into cash and which are subject to insignificant risk of changes in values.
(A)
Cash in hand
(B)
Cash equivalents
(C)
Demand deposits with bank
(D)
None of these
Question-3
_________ may be defined as a summary of receipts and disbursements of cash for particular period of time.
(A)
Profit and Loss A/c
(B)
Cash flow statement
(C)
Trading A/c
(D)
None of these
Question-4
Which one is not the limitation of cash flow statement?
(A)
Ignores Non - cash transactions
(B)
Historical nature
(C)
Shows inflow and out flow of cash
(D)
None of these
Question-5
SEBI guidelines recommend only _____ method for preparing cash flow statement.
(A)
Indirect
(B)
Direct
(C)
Direct and Indirect
(D)
None of these
Question-6
____ is a statement which shows inflows and outflows of cash and its equivalents in an enterprise during a specified period of time.
(A)
Inflow statement
(B)
Balance sheet
(C)
Cash flow statement
(D)
None of these
Question-7
_____________ activities are the acquisition and disposal of long- term assets and other investment not included in cash equivalent.
(A)
Investing
(B)
Financing
(C)
Operating
(D)
None of these
Question-8
Transactions which increase the cash position of the entity are called as _______.
(A)
Outflows
(B)
Inflows
(C)
Both a & b
(D)
None of these
Question-9
__________ activities are the principal revenue producing activities of the enterprise and other activities that are not investing or financing activities.
(A)
Investing
(B)
Operating
(C)
Financing
(D)
None of these
Question-10
The official name for cash flow statement is the _______.
(A)
Inflows
(B)
Outflows
(C)
Statement of cash flows
(D)
None of these
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Plus 2 Commerce
Kerala (English Medium)
Practice in Related Chapters
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Reconstitution of a Partnership Firm: Admission of a Partner
Dissolution of Partnership Firm
Accounting for Share Capital
Issue and Redemption of Debentures
Financial Statements of a Company
Analysis of Financial Statement
Cash Flow Statement
Accounting Ratios
Reconstitution of a Partnership Firm: Retirement/Death of a Partner
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