On This Page
This set of Analysis of Financial Statements Multiple Choice Questions & Answers (MCQs) focuses on Fund Flow Statement
Q1 | The term non-current account refers to…
- capital
- liabilities
- long term liabilities
- both (a) & (c)
Q2 | Share premium, share forfeited, profit and loss account, balance of profit are the examples of…
- current assets
- permanent liabilities
- fixed assets
- current liabilities
Q3 | The funds flow analysis is of primary importance to…
- personnel management
- financial management
- quality control management
- auditing
Q4 | Basically, the funds flow statement is considered a tool for…
- cost control
- financial analysis
- performance analysis
- none
Q5 | Who uses the funds flow statement widely?
- financial institutions
- financial managers
- analysts
- all of the above
Q6 | Basically, the funds flow statement shows the causes for changes of _________ during a period.
- assets
- liabilities
- both
- none
Q7 | The sources of side of funds flow statement shows the______ sources of funds of a firm.
- internal
- external
- both
- none
Q8 | Funds flow statement is a substitute for…
- income statement
- balance sheet
- both
- none
Q9 | Which of following are original statements?
- funds flow statement
- financial statement
- cash flow statement
- working capital statement
Q10 | Which of the following statement is dynamic in nature?
- balance sheet
- funds flow
- both
- income statement
Q11 | Funds flow statement is complementary to…
- balance sheet
- income statement
- both
- none
Q12 | Which of the following is the source of funds?
- issue of shares
- raising long term loans
- sale of fixed assets
- all of these
Q13 | Which of the following is an application of funds?
- funds lost in operation
- income from investment
- funds from operations
- all of these
Q14 | What is meant by funds from operation?
- operating profit
- net profit
- gross profit
- all of the above
Q15 | Working capital requirements depends on the credit policy of …
- the company
- the suppliers
- both
- none