Financial Statements PYQ — Page 16
CUET UG Accountancy — Financial Statements previous year questions with solutions.
All Financial Statements Questions (373)
Identify the items not to be shown under Financing activities while making cash flow:- A. Payment of dividend and interest B. Interest paid by financial enterprise C. Redemption of debentures D. Proceeds from issue of equity shares E. Loss due to theft Choose the correct answer from the options given below:
Identify the components of equity: A. Money received against share warrants B. Working capital C. Share capital D. Reserves & surplus E. Cash Revenue from operations Choose the correct answer from the options given below:
We add depreciation in order to find out operating profit before working capital changes :
If net profit made during the year are Rs. 50,000 and the bills receivables have decreased by Rs. 10,000 during the year then the cash flow from operating activities will be:
Which one of the following statements is true?
Match List I with List II | List I | List II | | --- | --- | | A. Liquidity Ratio | I. Proprietary Ratio | | B. Solvency Ratio | II. Current Ratio | | C. Activity Ratio | III. Earning per Share | | D. Profitability ratio | IV. Current assets turnover ratio | Choose the correct answer from the options given below:
The closing balance of Receipts and Payments Account depicts _________.
Make the right combination of the ratios that enables to find the short term liquidity. (a) Return on Equity (b) Acid Test Ratio (c) Current Ratio (d) Sacrificing Ratio (e) Inventory Turnover Ratio Choose the most appropriate answer from the options given below :
Which one of the following activities relate to financing activities?
Comparative statements are the form of:
Identify the correct sequence in calculation of Cash Flow from Operating Activities. (A) Addition and subtraction of Non cash/Non operating items (B) Payment of income tax (C) Calculation of operating profit before working capital changes. (D) Calculation of net profit/loss before tax and extraordinary items Choose the correct answer from the options given below :
Match List - I with List - II. | List - I | List - II | |---|---| | (A) Bank overdraft | (I) Non cash item | | (B) Dividend received | (II) Financing activity | | (C) Provision for doubtful debts | (III) Operating activity | | (D) Cash received from sale of goods | (IV) Investing activity | Choose the correct answer from the options given below :
Match List I with List II | List I | List II | |---|---| | A. Intangible Assets | I. Provision for taxation | | B. Short term provision | II. Trade creditor | | C. Long term borrowings | III. 10% debentures | | D. Current liabilities | IV. Goodwill | Choose the correct answer from the options given below: