CBSE Class 12 Cash Flow Statement Multiple Choice Questions with Answers. MCQ Questions Class 12 Cash Flow Statement with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 12 Cash Flow Statement with Answers to know their preparation level.
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MCQ Questions Class 12 Cash Flow Statement with Answers - Set - 5
Question 1:Â
A plant whose original cost was ₹ 40,000, accumulated depreciation provided till the date of sale was ₹ 15,000 was sold at 20% above the book value. Cash flow from operating activities will be
(a) ₹ 48,000
(b) ₹ 30,000
(c) ₹ 18,000
(d) ₹ 25,000
Correct Answer – (B)
Question 2:Â
Which of the following will come under operating activity?
(a) Issue of shares for cash
(b) Interest received on short-term investments
(c) Trading commission received by a manufacturing company
(d) Sale of marketable securities
Correct Answer – (C)
Question 3:Â
Which of the following is the source of cash?
(a) Cash deposited into bank
(b) Cash withdrawn from the bank
(c) Sale of marketable securities
(d) Sale of goods for cash costing ₹ 20,000 for ₹ 16,000.
Correct Answer – (D)
Question 4:Â
Redemption of Debentures/Preference shares results into:
(a) Source of fund
(b) Use Or application of fund
(c) No flow of fund
(d) No flow of cash
Correct Answer – (B)
Question 5:Â
Given:
Net Profit during the year ₹ 1,00,000
Debtors in the beginning the year of ₹ 30,000
Debtors at the end of the year ₹ 36,000
What is the amount of cash from operating activities ?
(a) ₹ 30,000
(b) ₹ 94,000
(c) ₹ 1,06,000
(d) ₹ 1,66,000
Correct Answer – (B)
MCQ Questions Class 12 Cash Flow Statement With Answers
Question 6:Â
Which of the following will not come under anywhere in cash flow statement?
(a) Repayment of borrowings
(b) Issue of bonus shares
(c) Sale of investments
(d) Dividend paid
Correct Answer – (B)
Question 7:Â
While calculating cash flows from operating profit, which of the following is not considered in the net profit?
(а) Amortisation of goodwill
(b) Writing off bad debts
(c) Writing off depreciation
(d) Interest paid on bank overdraft
Correct Answer – (B)
Question 8:Â
Which of the following is not an example of cash outflows ?
(a) Repayment of loans
(b) Decrease in creditors
(c) Issue of debentures
(d) None of these
Correct Answer – (C)
Question 9:Â
Net Profit during the year ₹ 30,000
Creditors in the beginning ₹ 24,000
Creditors at the end ₹ 16,000
What is the amount of cash from operating activities :
(a) ₹ 30,000
(b) ₹ 34,000
(c) ₹ 22,000
(d) ₹ 40,000
Correct Answer – (C)
Question 10:Â
Profit during the year ₹ 20,000. During the year, there was increase in stock by ₹ 9,000 and decrease in debentures of ₹ 5,000. What is the amount of cash from operating activities ?
(a) ₹ 6,000
(b) ₹ 16,000
(c) ₹ 24,000
(d) ₹ 34,000
