Description : Stock at the end results in----------------------- a) Application of fund b) Source of fund c) Inflow of fund d) None of these
Last Answer : b) Source of fund
Description : -------------------means transfer of economic value of firm from one asset or equity to another. a) Flow of funds b) Uses of fund c) Inflow of funds d) Application of funds
Last Answer : a) Flow of funds
Description : Net increase in working capital results in----------------of funds a) sources b) inflow c) no change d) application
Last Answer : d) application
Description : Salary outstanding is----- of funds a) Source b) Inflow c) Application d) No change
Last Answer : c) Application
Description : Inflow of fund does not take place due to---------------- a) Funds from operation b) Increase in capital c) Increase in working capital d) Sale of fixed asset
Last Answer : b) Increase in capital
Description : Increase in working capital is----------------------- a) Source of fund b) Application of fund c) Funds from operation d) Loss from operation
Last Answer : b) Application of fund
Description : Net decrease in working capital results in --------------------of funds a) Source b) Application c) No change d) None of these
Last Answer : b) Application
Description : 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
Last Answer : d) Acquisition of assets
Description : Goods purchased on credit-----------inflow of funds a) Does not result b) Does result c) Change d) None of these
Last Answer : a) Does not result
Description : A statement depicting the reasons for the change in cash position from one period to another a) Fund flow statement b) Statement of uses and application of funds c) Cash flow statement d) Ratio analysis
Last Answer : a) Fund flow statement
Description : An essential tool of short term financial analysis a) Fund flow statement b) Statement of uses and application of funds c) Cash flow statement d) Ratio analysis
Last Answer : c) Cash flow statement
Description : Which of the following is an application of fund a) Sale of plant b) Issue of shares c) Purchase of funds d) Payment of creditors
Last Answer : c) Purchase of funds
Description : A transaction that doesn’t make any change in working capital position is --------- a) Inflow of fund b) Out flow of fund c) Non fund transaction d) Fund transaction
Last Answer : c) Non fund transaction
Description : Asset sold on credit is---- of funds a) Application b) Uses c) Source d) Decrease
Last Answer : c) Source
Description : Fund flow statement is accompanied by a schedule of----------------------------- a) Changes in working capital b) Flow of funds c) Increase in fund d) Decrease in fund
Last Answer : a) Changes in working capital
Description : When one account is current and another a non-current It results in-------------------- a) Flow of fund b) Increase of fund c) Decrease of fund d) None of these
Last Answer : a) Flow of fund
Description : Gross profit are Rs.50,000 and expenses not result in the application of funds are Rs.10000 funds from operation will be a) Rs.60000 b) Rs.50000 c) Rs. 40000 d) Rs. 30000
Last Answer : a) Rs.60000
Description : Funds from operations are --------------of funds a) Application b) Uses c) Sources d) No change
Last Answer : c) Sources
Description : Decrease in a creditor is a---------------- of cash a) Inflow b) No flow of cash c) Outflow d) None of these
Last Answer : c) Outflow
Description : Depreciation is a source of fund------------------- a) Yes b) No c) Both yes or no d) None of these
Last Answer : a) Yes
Description : A fund that tracks an index but can be traded like a stock is known as _______ A. Exchange Traded Funds(ETF) B. Mutual Funds C. Energy Funds D. Investment Fund E. None of the Above
Last Answer : A. Exchange Traded Funds(ETF) Explanation: An ETF(Exchange Traded Fund) is a marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. Unlike mutual funds, an ETF trades like a common stock on a stock exchange.
Description : AS-3 is related to a) Cash flow statement b) Funds flow statement c) Balance sheet d) Income statements
Last Answer : a) Cash flow statement
Description : ---------account is prepared to know funds from operation a) Profit & Loss appropriation account b) Profit and loss account c) Trading account d) Profit & Loss adjustment account
Last Answer : d) Profit & Loss adjustment account
Description : To arrive at funds from operation ,non-cash expenses must be added to---------- a) Net profit b) Gross profit c) Operating profit d) None of these
Last Answer : a) Net profit
Description : Furniture sold for cash -----funds flow a) Increases b) Decreases c) Deducted d) None of these
Last Answer : a) Increases
Description : Any gain on sale of non-current asset should be ----- from the net profit for determining funds from operation a) Deducted b) Added c) Increased d) None of these
Last Answer : a) Deducted
Description : The ratio which shows the relationship between borrowed funds and owners capital is --------------- a) Proprietary ratio b) Debt equity ratio c) Capital gearing ratio d) Fixed asset ratio
Last Answer : b) Debt equity ratio
Description : Any sum due to an employee out of provident fund is an example of : a) Unsecured creditors b) Preferential creditors c) Secured creditors d) Partly secured creditor
Last Answer : b) Preferential creditors
Description : Cash flow is a part of a) Fund flow b) Balance sheet c) Income statement d) Comparative statement
Last Answer : c) Income statement
Description : A statement prepared in the form of report a) Fund flow b) Cash flow c) Ratio d) Balance sheet
Last Answer : a) Fund flow
Description : Cash flow statement shows the causes for changes in__________ a) Cash balance b) Fund c) Working capital d) None of thes
Last Answer : b) Fund
Description : Flow of fund means change in ------------------- a) Working capital b) Gross capital c) Net capital d) Average capital
Last Answer : c) Net capital
Description : Fund flow statement are very useful in planning intermediate and ----------- financing. a) Short term b) Long term c) Medium term d) None of these
Last Answer : a) Short term
Description : Which of the following does not affect the fund flow statement a) Issue of shares b) Borrowing c) Repayment of loan d) Payment to creditors
Last Answer : d) Payment to creditors
Description : Salaries Rs.20000,depreciation for the period is Rs.30000 other operating expenses are Rs.9000, net loss for the period is Rs.5000 fund generated from operation is------------------ a) Rs.25000 b) Rs.15000 c) Rs.35000 d) Rs.14000
Last Answer : a) Rs.25000
Description : Which of the following will affect the flow of fund a) a transaction affecting current and non-current accounts b) a transaction affecting both non-current accounts c) a transaction affecting both current accounts d) both a) and b)
Last Answer : a) a transaction affecting current and non-current accounts
Description : In the fund flow statement, depreciation is---------------- a) Deducted from net profit b) Added to net profit c) Sources of working capital d) Ignored
Last Answer : b) Added to net profit
Description : Fund flow refers to change in----- a) Working capital b) Fixed capital c) Current capital d) Increase in working capital
Last Answer : c) Current capital
Description : Income tax payable come under ------------------ a) Long term liability b) Long term fund c) Current liability d) Other liabilities
Last Answer : c) Current liability
Description : Proprietary ratio measures the relationship between share holder fund and ------------------ a) Total asset b) Fixed asset c) Current asset d) Fictious asset
Last Answer : a) Total asset
Description : Comparison and interpretation of ratio is known as --------------------- a) Fund flow analysis b) Cash flow analysis c) Ratio analysis d) Trend analysis
Last Answer : c) Ratio analysis
Description : The ratio that shows the relationship between fixed asset to share holders fund a) Fixed asset to net worth b) Fixed asset ratio c) Fixed assets turn over ratio d) Net worth ratio
Last Answer : a) Fixed asset to net worth
Description : The ratio which shows the relationship b/w share holder’s fund and total assets a) Debit equity ratio b) Proprietary ratio c) Solvency ratio d) Fixed asset
Last Answer : b) Proprietary ratio
Description : Yard stick which measures relationship between two variables a) Financial statements b) Ratio c) Fund Flow analysis d) Cash flow analysis
Last Answer : b) Ratio
Description : If the demand line drawn from a ridge in a flow mass curve does not intersect the curve again, it indicates that (A) Demand cannot be met by inflow (B) Reservoir was not full at the beginning (C) Both (A) and (B) (D) None of the above
Last Answer : Answer: Option A
Description : Consider the following situation in a flow mass curve study when demand line drawn from a ridge in the mass curve does not intersect the mass curve again. This means that : (a) The storage is not ... (c) The reservoir was not full at the beginning (d) The reservoir is wasting water by spill
Last Answer : (b) The demand cannot be met by the inflow as the reservoir will not refill
Description : Cost of goods available for sale is computed by adding a. freight-in to net purchases. b. beginning inventory to net purchases. c. beginning inventory to purchases and freight-in. d. beginning inventory to cost of goods purchased.
Last Answer : d. beginning inventory to cost of goods purchased.
Description : When a periodic inventory system is used, cost of goods sold is calculated as follows: a. Ending inventory plus purchases less beginning inventory. b. Beginning inventory plus purchases less ... of merchandise purchased less ending inventory. d. Cost of merchandise sold plus beginning inventory.
Last Answer : b. Beginning inventory plus purchases less ending inventory
Description : Baden Shoe Store has a beginning merchandise inventory of $30,000. During the period, purchases were $140,000; purchase returns, $4,000; and freight-in $10,000. A physical count of inventory at the end of the period revealed ... for sale was a. $164,000. b. $156,000. c. $176,000. d. $184,000.
Last Answer : c. Purchases Returns and Allo
Description : Cost of goods available for sale is computed by adding a. beginning inventory to net purchases. b. beginning inventory to the cost of goods purchased. c. net purchases and freight-in. d. purchases to beginning inventory
Last Answer : b. beginning inventory to the cost of goods purchased.