Q12. Which of the following does not involve a cash inflow or outflow? i. A rights issue of shares. ii. The repayment of debentures. iii. Taking out a bank loan. iv. bonus issue of shares.

A. I ONLY

B. II and iii

C. ii and iii

D. iv only

Q13. Which of the following would be shown in a statement of cash flow using the direct method but NOT in a statement of cash flow using indirect method of calculating cash generated from operations?

A. cash collected from customers

B.increase or decrease in receivables

C.tax paid

D.profit on disposal of on tangible non current assets