3488973
Descrição
Quiz por kandiewhitehead, atualizado more than 1 year ago
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Criado por kandiewhitehead
mais de 8 anos atrás
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Questão 1
Questão
Which of the following options is not a component of a statement of cash flow?
Responda
-
financing
-
investing
-
auditing
Questão 2
Questão
Operating activities for a statement of cash flow include other activities that are not investing or financing activities. Taxes paid/received are classified as operating activities.
Responda
- True
- False
Questão 3
Questão
Which of the following statements best describe the main purpose of a statement of cash flow?
Responda
-
The main purpose is to provide information about a companies gross receipts/payments for a specified time.
-
The main purpose is to understand the trends of a companies performance.
Questão 4
Questão
An element of reporting cash flow from operating activities is the direct method. Which of the following is not classified by the direct method?
Responda
-
Cash received
-
Taxes paid
-
Interest paid
-
undistributed profits
Questão 5
Questão
Cash flows should be reported as net.
Responda
- True
- False
Questão 6
Questão
An element of a cash flow statement is financing activities. Which best describes financing activities?
Responda
-
Activities that cause changes to equity.
-
Activities that cause changes to assets.
Questão 7
Questão
Investing activities within a cash flow statement are activities that relate to long-term assets and other investments, not included in cash equivalents.
Responda
- True
- False
Questão 8
Questão
Interest and Dividends can be classified as either of the 3 components (operating, financing or investing) as long as they are consistently treated from period to period.
Responda
- True
- False
Questão 9
Questão
With a statement of cash flow, which of the following needs to be considered?
Responda
-
non-cash investing transactions are not to be disclosed
-
foreign exchange transactions to be ignored
-
no disclosure required for acquisition and disposal of subsidiaries
Questão 10
Questão
Non-cash items such as depreciation, provisions, deferred taxes are classified as the indirect method of reporting cash flows from operating activities.
Responda
- True
- False
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