Accounting for Managerial Decisions

M

Mr. Dubey • 51.17K Points
Coach

Q 31. Increase in prepaid expenses--------------------cash

(A) Increases
(B) Added
(C) Decreases
(D) None of these
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M

Mr. Dubey • 51.17K Points
Coach

Q 32. Buy back of shares is shown under-----------------------

(A) operating activities
(B) investing activities
(C) financing activities
(D) none of these
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M

Mr. Dubey • 51.17K Points
Coach

Q 33. Income tax paid should be shown separately as the cash flows from----------- activities.

(A) Financing
(B) Investing
(C) Operating
(D) Others
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M

Mr. Dubey • 51.17K Points
Coach

Q 34. Cash flow statements (based on AS-3) should be prepared and presented under------------------ method.

(A) Direct
(B) Indirect
(C) Permanence
(D) None of these
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M

Mr. Dubey • 51.17K Points
Coach

Q 35. Cash equivalent are usually of short term but highly -----------------investments

(A) liquid
(B) Fixed
(C) Changed
(D) None of these
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M

Mr. Dubey • 51.17K Points
Coach

Q 36. Cash flow statement is based on past records, so it is---------in nature

(A) historical
(B) future item
(C) past
(D) none of these
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M

Mr. Dubey • 51.17K Points
Coach

Q 37. Purchase of building by issue of debenture is a---------item and it is ignored in cash flow statement

(A) cash
(B) non-cash
(C) non-operating
(D) current
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M

Mr. Dubey • 51.17K Points
Coach

Q 38. Purchase of fixed asset is classified as------activity

(A) financing
(B) investing
(C) operating
(D) others
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M

Mr. Dubey • 51.17K Points
Coach

Q 39. Provision for tax is shown as a part of-----------activity

(A) financing
(B) investing
(C) operating
(D) others
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M

Mr. Dubey • 51.17K Points
Coach

Q 40. Goodwill written off is-----------to the net profit made during the year for calculating the cash from operation

(A) Added back
(B) Deducted
(C) Decreased
(D) None of these
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