1.The purpose of the statement of cash flows is to provide information on: Choose one answer. a. Profits. b. Cash inflows and outflows. c. Losses. d. Net worth. e. Capital adequacy

2.

Which of the following is not a financing activity?

Choose one answer.

a.

Purchase of a building.

b.

Repayment of long-term debt

c.

Payment of cash dividends.

d.

Proceeds from long-term borrowings.

e.

Issue of shares

3.

All of the following are operating cash flows except:

Choose one answer.

	a. Interest received.
	b. Income tax paid.
	c. Dividends paid to shareholders.
	d. Payments to suppliers.
	e. Receipts from customers