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Question-1
____ 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-2
Purchase of fixed assets is _______.
(A)
Cash inflow
(B)
Cash outflow
(C)
Both a & b
(D)
None of these
Question-3
Issue of debentures is _________.
(A)
Cash outflow
(B)
Cash inflow
(C)
Both a & b
(D)
None of these
Question-4
The official name for cash flow statement is the _______.
(A)
Inflows
(B)
Outflows
(C)
Statement of cash flows
(D)
None of these
Question-5
Cash flows are classified in to three. i.e. operating activities, financing activities and _______ activities.
(A)
Promoting
(B)
Licensing
(C)
Investing
(D)
None of these
Question-6
Which one is not the cash in flow item ?
(A)
Cash sales
(B)
Royalty
(C)
Cash Purchase
(D)
None of these
Question-7
_________ 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-8
Transactions which decrease the cash position of the entity are called as ______.
(A)
Outflows
(B)
Inflows
(C)
Both A & B
(D)
None of these
Question-9
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-10
__________ shows the profit or loss incurred by the enterprise for the accounting period
(A)
Balance sheet
(B)
Income statement
(C)
Position statement
(D)
None of these
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Plus 2 Commerce
Kerala (English Medium)
Practice in Related Chapters
Accounting Not For Profit Organisation
Accounting for Partnership: Basic Concepts
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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