Accounting for Managerial Decisions MCQs and Notes
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Q 31. Increase in prepaid expenses--------------------cash
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Q 32. Buy back of shares is shown under-----------------------
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Q 33. Income tax paid should be shown separately as the cash flows from----------- activities.
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Q 34. Cash flow statements (based on AS-3) should be prepared and presented under------------------ method.
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Q 35. Cash equivalent are usually of short term but highly -----------------investments
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Q 36. Cash flow statement is based on past records, so it is---------in nature
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Q 37. Purchase of building by issue of debenture is a---------item and it is ignored in cash flow statement
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Q 38. Purchase of fixed asset is classified as------activity
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Q 39. Provision for tax is shown as a part of-----------activity
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Q 40. Goodwill written off is-----------to the net profit made during the year for calculating the cash from operation
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