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Which of the following is incorrect abou...

Which of the following is incorrect about the statement of cash flows?

A

It provides information about the cash receipt and cash payments of an enterprise.

B

It reconciles ending cash balance with the balance as per bank statement.

C

It provides information about the operating, investing and financing activities.

D

It explains the deviation of cash from Earnings.

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The correct Answer is:
B
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DK GOEL-CASH FLOW STATEMENT-MULTIPLE CHOICE QUESTIONS (SELECT THE BEST ALTERNATE):
  1. While calculating cash flow from operating activities which will be ad...

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  2. Cash from Operating activities will decrease due to :

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  3. Which of the following is incorrect about the statement of cash flows?

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  4. The statement of cash flows clarifies cash flows according to …..........

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  5. An example of cash flow from operating activity is :

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  6. An example of Cash Flow from Operating Activity is:

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  7. Which of the following is an example of cash flow from Operating Activ...

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  8. An example of cash flow from investing activity is :

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  9. An example of Cash Flows from Investing Activity is :

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

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  11. An example of Cash Flows from Financing Activity is :

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  12. If a machine whose original cost is Rs 40,000 having accumulated depre...

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  13. if 6% pref. share capital Rs 2,00,000 were redeemed at a premium of 5%...

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  14. If the amount of goodwill is Rs 40,000 at the beginning of a year and ...

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  15. How will you deal invrease in the balance of 'Securities Premium Reser...

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  16. Fine Garments Ltd. Is engaged in the export of readymade garments. The...

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  17. A Ltd. Engaged in the business of retailing of two wheelers, invested ...

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  18. How will you treat payment of dividend in a Cash flow statement?

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  19. How will you Bank Overdraft in a Cash Flow Statement ?

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  20. Where will you show purchase of Goodwill in a Cash Flow Statement ?

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