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487. Profit on sale of machinery comes under———— A. Investing activity B. Financing activity C. Operating activity D. None of these
C.Operating activity
C.Operating activity
See less486. Proposed dividend is classified as———– A. Investing activity B. Financing activity C. Operating activity D. Cash equivalent
C.Operating activity
C.Operating activity
See less485. Cash flow statement is based on———- A. Cash basis of accounting B. Accounting equation C. Accrual basis of accounting D. None of these
A.Cash basis of accounting
A.Cash basis of accounting
See less484. Cash flows include A. Cash payments only B. Cash receipts only C. Cash receipts and payments D. Cash and noncash incomes and expenses.
C.Cash receipts and payments
C.Cash receipts and payments
See less483. Dividend paid under AS- 3 is———- A. Cash flow from financing activity B. Cash flow from operating activity C. Cash flow from investing activity D. None of these
C.Cash flow from investing activity
C.Cash flow from investing activity
See less482. Which of the following is not an inflow of cash A. Sale of fixed asset B. Issue of debentures for cash C. Funds from operation D. Acquisition of assets
D.Acquisition of assets
D.Acquisition of assets
See less481. Increase in the amount of bills payable results in———- A. Decrease in cash B. Increase in cash C. No change in cash D. None of these
B.Increase in cash
B.Increase in cash
See less480. Increase in the amount of bills receivable results in————– A. decrease in cash B. increase in cash C. no change in cash D. none of these
A.decrease in cash
A.decrease in cash
See less479. Cash from operations is equal to—————— A. net profit after tax B. net profit plus increase in current asset C. net profit plus decrease in current liabilities D. net profit plus non-cash expenses plus decrease in current assets.
D.net profit plus non-cash expenses plus decrease in current assets.
D.net profit plus non-cash expenses plus decrease in current assets.
See less478. Investment costing Rs.50,000 at the loss of Rs.3,000 cash outflow in investing activity is ——– A. Rs.53,000 B. Rs.50,000 C. Rs.47,000 D. Rs.48,000
C.Rs.47,000
C.Rs.47,000
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