Class 12 Accountancy MCQs Cash Flow Statement -
Answers
- b) Financing
- d) Cash received from Debtors ₹ 6,000.
- b) ₹1,54,800
- d) Cost of Revenue from Operations = Revenue from Operations - Gross Profit
- b) Financing
- c) Cash received on maturity of marketable securities
- c) ₹ 2,40,000
- b) Both Assertion and Reason are correct, but Reason is not the correct explanation of Assertion
- d) Operating Profit = Revenue from Operations-Cost of Revenue from Operations
- d) Short Term Borrowings
- c) Cash received on maturity of marketable securities
- c) No Flow of cash
- b) Investing activity
- a) 2,3,1
- c) Statement I is correct and Statement II is incorrect
- a) No effect
- d) ₹ 1,80,000
- c) Deducted from Net Profit before Tax and Extraordinary item under Cash Flow from Operating Activities and Inflow under Investing Activities as Extraordinary Item.
- a) ₹ 2,00,000
- c) ₹35,000 received from debtors
- d) Three months or less
- a) Purchase of marketable securities for ₹20,000 cash.
- d) (ii) and (iii)
- c) Statement I is correct and Statement II is incorrect.
- c) Subtracted under Operating Activities as Extraordinary Item and Inflow under Investing Activities also.
- b) Cash used (payment) in investing activities
- c) Cash flow from investing activities ₹ 40,000
- d) Cash used in investing activities ₹ 80,000.
Class 12 Accountancy MCQs Ratio Analysis