TEST MCQ SKILLS | A Place to test Your Knowledge Just another WordPress site
IAS 7 Quiz – Presentation of information in the Cash Flow Statement MCQs with Answers
A cash flow statement is a financial statement that provides aggregate data regarding all cash inflows a company receives from its ongoing operations and external investment sources. It also includes all cash outflows that pay for business activities and investments during a given period.
Now Let’s check your knowledge about the IAS 7 Presentation of Information in the cash flow statement Quiz.
Advertisement:
Statement of cash flows governed by
Correct!
Wrong!
The following are deemed to be cash and cash equivalents as per the standards except:
Correct!
Wrong!
The major activities highlighted by Statement of Cash flows international standards are....
Correct!
Wrong!
Cash and cash equivalents at 31st March 2018 = $ (40,000) and 1st April 2017=$135,000. How much is the movement in cash flow for year ended 31st March 2018?
Correct!
Wrong!
Advertisement
The acquisition, and disposal, of long-term assets are:
Correct!
Wrong!
Increase in receivables will be shown in .......
Correct!
Wrong!
The maximum maturity of a cash equivalent is:
Correct!
Wrong!
Activities that result in changes in the size (and composition) of the equity capital and borrowings are:
Correct!
Wrong!
Advertisement
For an investment to qualify as a cash equivalent, it must be:
Correct!
Wrong!
Issue of debentures, Redemption of debentures, issue of shares and dividend payment will be shown in :
Correct!
Wrong!
Daily sales and purchases, employee costs and general overheads comprise:
Correct!
Wrong!
A cash flow statement provides information that enables users to evaluate the changes in:
Correct!
Wrong!
Advertisement
In the Cash flow statement the dividend paid is part of the .....
Correct!
Wrong!
