CUET Accountancy Mock Test Unit VII Statement of Changes in Financial Position Set B

Refer to the CUET Accountancy Mock Test Unit VII Statement of Changes in Financial Position Set B below. Students of CUET Accountancy can attempt this online CUET mock test and explore the complete list of free CUET Accountancy MCQ mock tests. These MCQ-based mock tests are designed as per the latest syllabus issued by CUET, ensuring alignment with the types of questions expected in the upcoming CUET exams.

Mock Test for CUET Accountancy Unit VII Statement of Changes in Financial Position

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Unit VII Statement of Changes in Financial Position Mock Test for CUET Accountancy

1. Cash flow arises when the net effect of a transaction _____ the amount of cash or cash equivalents

2. A financial statement that shows the inflows and outflows of cash during a particular period of time is known as

3. The main difference in direct and indirect method is to calculate the

4. Decrease in the value of Trade Receivable will be

5. In case of other enterprises cash flow arising from interest paid should be classified as cash flow from ________ while dividends and interest received should be stated as cash flow from ____

6. What are the objectives of preparing cash flow statement

7. Short term highly liquid investments which are readily convertible into known amount of cash and which are subject to an insignificant risk of change in the value are called _______

8. _________ reconciles the opening cash balance with the closing cash balance of a given period on the basis of net decrease or increase in cash during that period.

9. The cash flow statement begins with the

10. Purchase of shares or debentures are concerned with________

11. Proposed Dividend is classified under

12. If the net profits earned during the year is Rs. 50,000 and the amount of debtors in the beginning and the end of the year is Rs. 10,000 and Rs.20,000 respectively, then the cash from operating activities will be equal to Rs.

13. Which is the Importance of cash flow statement

14. While preparing Cash Flow Statement, non-cash items and non-operating items are not required to be adjusted under________

15. Increase in the amount of bills receivable results in

16. Which are the Financing Activities

17. While calculating cash flow from operating activities which will be deducted:

18. An Example of cash flow from financing activity is :

19. While calculating operating profit which will be added to net profit:

20. Fine Garments Ltd. is engaged in the export of readymade garments. The company purchased a machinery of Rs. 10,00,000 for the use in packaging of such garments. Cash flow due to the purchase of machinery will be cash flow from :

CUET Accountancy Unit VII Statement of Changes in Financial Position Mock Test

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Mock Tests for Accountancy CUET Unit VII Statement of Changes in Financial Position

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