Accounting for Managerial Decisions MCQs and Notes

M

Mr. Dubey • 51.67K Points
Coach

Q 21. Dividend paid under AS- 3 is----------

(A) Cash flow from financing activity
(B) Cash flow from operating activity
(C) Cash flow from investing activity
(D) None of these

M

Mr. Dubey • 51.67K Points
Coach

Q 22. Which of the following is not an inflow of cash

(A) Sale of fixed asset
(B) Issue of debentures for cash
(C) Funds from operation
(D) Acquisition of assets

M

Mr. Dubey • 51.67K Points
Coach

Q 23. Increase in the amount of bills payable results in----------

(A) Decrease in cash
(B) Increase in cash
(C) No change in cash
(D) None of these

M

Mr. Dubey • 51.67K Points
Coach

Q 24. Increase in the amount of bills receivable results in--------------

(A) decrease in cash
(B) increase in cash
(C) no change in cash
(D) none of these

M

Mr. Dubey • 51.67K Points
Coach

Q 25. Cash from operations is equal to------------------

(A) net profit afer tax
(B) net profit plus increase in current asset
(C) net profit plus decrease in current liabilities
(D) net profit plus non-cash expenses plus decrease in current assets.

M

Mr. Dubey • 51.67K Points
Coach

Q 26. Investment costing Rs.50,000 at the loss of Rs.3,000 cash outflow in investing activity is --------

(A) Rs.53,000
(B) Rs.50,000
(C) Rs.47,000
(D) Rs.48,000

M

Mr. Dubey • 51.67K Points
Coach

Q 27. Preliminary expenses written off is--------

(A) Cash transaction
(B) Non-cash transaction
(C) Credit transaction
(D) None of the above

M

Mr. Dubey • 51.67K Points
Coach

Q 28. 20,000 equity shares of Rs.10 each issued at 10% premium , cash is Rs-------------------

(A) Rs.2,00,000
(B) Rs.2,10,000
(C) Rs.2,15,000
(D) Rs.2,20,000

M

Mr. Dubey • 51.67K Points
Coach

Q 29. Cash payment suppliers of goods and services are shown under-------------.

(A) Operating
(B) Financing
(C) Investing
(D) None of the above

M

Mr. Dubey • 51.67K Points
Coach

Q 30. Dividend paid are classified under-------------------activities

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

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