Statement of cash flows
Multiple choice questions (MCQs)

By: Rashid Javed | Updated on: October 21st, 2021

ABOUT THIS QUIZ:

  • Chapter: Statement of cash flows
  • Quiz Type: Multiple choice questions (MCQs)
  • Number of MCQs: 20
  • Total Points: 20
  • Approximate Time Required: 10 – 12 minutes

A D V E R T I S E M E N T
12 Comments on
Statement of cash flows
Multiple choice questions (MCQs)
  1. Md kamrujjaman

    Dear concern

    Please Help to have correct answer.I will be great full if any body can help providing correct answer.

    (43) An example of cash flow from investment activity is.
    (a) Receipt of cash from the issuance of bonds payable.
    (b) Payment of cash to repurchase outstanding capital stock.
    (c) Receipt of cash from the sale of equipment.
    (d) Payment of cash to suppliers for inventory.

    1. Accounting For Management

      ‘c’ is the correct answer.
      (a). Receipt of cash from the issuance of bonds payable – it is a financing activity.
      (b). Payment of cash to repurchase outstanding capital stock – it is also a financing activity.
      (c). Receipt of cash from the sale of equipment – it is an investing activity.
      (d). payment of cash to suppliers of inventory – it is an operating activity.

    2. Ankita mittal

      Option C is correct.

  2. AUNG THAN LIN

    please help me to calculate the quick

  3. Isaac saakwagyan

    Please help me to clarify my doubt on question 10

    1. Accounting For Management

      Follow these formulas to compute cash paid to suppliers of merchandise:
      Cash paid to suppliers = Cost of goods sold + Increase in inventory during the period + Decrease in accounts payable during the period
      or
      Cash paid to suppliers = Cost of goods sold – decrease in inventory during the period – Increase in accounts payable during the period

  4. BAGUME GEOFREY LWAGULA

    All accountant topics

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