Accounting For Managerial Decisions Set 8

Bachelor of Commerce (B Com)

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This set of Accounting for Managerial Decisions Multiple Choice Questions & Answers (MCQs) focuses on Accounting For Managerial Decisions Set 8

Q1 | The mirror which reflects the true financial position of the business as on a particular date
  • Fund flow statement
  • Cash flow statement
  • Balance sheet
  • Income statement
Answer: Balance sheet
Q2 | An appropriation of profit is ---------------------
  • Current asset
  • Non current asset
  • Provision for taxation
  • Non current liability
Answer: Provision for taxation
Q3 | Fund flow statement are very useful in planning intermediate and ----------- financing.
  • Short term
  • Long term
  • Medium term
  • None of these
Answer: Long term
Q4 | The two concept of working capital are gross working capital and --------------------------
  • Net working capital
  • Average working capital
  • Opening working capital
  • Closing working capital
Answer: Net working capital
Q5 | Excess of current asset over current liability is known as -------------
  • Gross working capital
  • Net working capital
  • Average working capital
  • None of these
Answer: Net working capital
Q6 | Flow of fund means change in -------------------
  • Working capital
  • Gross capital
  • Net capital
  • Average capital
Answer: Working capital
Q7 | An essential tool of short term financial analysis
  • Fund flow statement
  • Statement of uses and application of funds
  • Cash flow statement
  • Ratio analysis
Answer: Cash flow statement
Q8 | A statement depicting the reasons for the change in cash position from one period to another
  • Fund flow statement
  • Statement of uses and application of funds
  • Cash flow statement
  • Ratio analysis
Answer: Cash flow statement
Q9 | Cash flow statement shows the causes for changes in__________
  • Cash balance
  • Fund
  • Working capital
  • None of these
Answer: Cash balance
Q10 | A statement prepared in the form of report
  • Fund flow
  • Cash flow
  • Ratio
  • Balance sheet
Answer: Cash flow
Q11 | Cash flow is a part of
  • Fund flow
  • Balance sheet
  • Income statement
  • Comparative statement
Answer: Fund flow
Q12 | Cash receipts from royalties is an example of cash flow from__________
  • Investing activities
  • Financing activities
  • Operating activities
  • None of these
Answer: Operating activities
Q13 | Cash flow from financing activities include payment of interest on borrowing and___ to shareholders
  • Dividend
  • Interest
  • Bonus
  • Bonus shares
Answer: Dividend
Q14 | When the opening balance of cash and cash equivalent is added to the net increase , the totalwill be the____________
  • Closing balance of cash
  • Closing balance of bank
  • Opening balance of bank
  • Closing balance of cash and cash equivalent
Answer: Closing balance of bank
Q15 | Cash payment on redemption of debenture is an example of cash flow from _________ activities
  • Operating
  • Investing
  • Financing
  • Others
Answer: Financing
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