📊 Management Accounting
Q. Which of the following is incorrect about the statement of cash flows?
  • (A) It provides information about the cash receipt and cash payments of an enterprise.
  • (B) It reconciles ending cash balance with the balance as per bank statement.
  • (C) It provides information about the operating, investing and financing activities.
  • (D) It explains the deviation of cash from Earnings.
💬 Discuss
✅ Correct Answer: (B) It reconciles ending cash balance with the balance as per bank statement.

You must be Logged in to update hint/solution

💬 Discussion

Related Posts

Q. Depreciation is applied to non-current assets in the statement of financial position in order to

Q. Long period budgets are prepared under

Q. The responsibility centers, for control purposes, may be classified into _____ types.

Q. In financial accounting, investors, banks, suppliers and government agencies are classified as

Q. In master budgeting, the cost drivers for manufacturing overhead costs are

Q. (A Company has a standard of 1 direct labor hour per unit at Rs.12 per hour. 3,850 labor hours costing Rs.46,970 were used to produce 4,000 units.) Company’s total labor variance is

Q. A report comparing actual results with the budget figure is called a ___________

Q. Which matters are taken into consideration while preparing production budget ?

Q. Budgetary control system facilitates centralized control with…

Q. The term financial analysis include both --------- and interpretation

📱 Download Our App

Learn MCQs on the go with our easy-to-use Android app

Get it on Google Play

📊 Question Analytics

👁️
630
Total Visits
📽️
1 y ago
Published
🎖️
Gopal Sharma
Publisher
📈
95%
Success Rate