Question
Please help me quick 1. According to AS-3, Cash Flow Statement is obligatory for A) All ventures B) Companies recorded on a stock trade C)
Please help me quick
1. According to AS-3, Cash Flow Statement is obligatory for
A) All ventures
B) Companies recorded on a stock trade
C) Companies with a turnover of more than Rs 50 crores
a) Both An and B
b) Both An and C
c) Both C and B
2. In incomes, when a firm puts resources into fixed resources and momentary monetary speculations
results in
A) Increased Equity
B) Increased Liabilities
C) Decreased Cash
D) Increased Cash
3. A firm that issues stocks and securities to bring reserves results up in
A) Decreases Cash
B) Increases Cash
C) Increases Equity
D) Increases Liabilities
4. The buy worth of resources over its workable life is classified as
A) Appreciated Liabilities
B) Appreciated Assets
C) Depreciation
D) Appreciation
5. The fundamental budget summaries incorporate
A) Statement of Cash Flows
B) Statement of Retained Earnings
C) Balance Sheet and Income Statement
D) None of the Above
6. The assertion of income explains incomes as indicated by
A) Operating and Non-working Flows
B) Inflow and Outflow
C) Investing and Non-working Flows
D) Operating, Investing, and Financing Activities
7. Income model from a monetary movement is
A) Payment of Dividend
B) Receipt of Dividend on Investment
C) Cash Received from Customers
D) Purchase of Fixed Asset
8. Income model from a contributing movement is
A) Issue of Debenture
B) Repayment of Long-term Loan
C) Purchase of Raw Materials for Cash
D) Sale of Investment by Non-Financial Enterprise
9. Income model from a working movement is
A) Purchase of Own Debenture
B) Sale of Fixed Assets
C) Interest Paid on Term-stores by a Bank
D) Issue of Equity Share Capital
10. Which thing goes under monetary exercises in income?
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