7/4/2021 OMR - FUND FLOW STATEMENT (SET 1)

OMR - FUND FLOW STATEMENT (SET 1)

1. In the fund flow statement, depreciation is 1 point

Mark only one oval.

Deducted from Net Profit

Added to Net Profit

Sources of Working Capital

Ignored

2. Which of the following is non-current asset 1 point

Mark only one oval.

Goodwill

Debtors

Stock

Prepaid Rent

3. Which of the following will affect the flow of fund 1 point

Mark only one oval.

A transaction affecting current & non-current accounts

A transaction affecting both non-current accounts

A transaction affecting both current accounts

Both (a) and (b)

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7/4/2021 OMR - FUND FLOW STATEMENT (SET 1)

4. Which of the following is an application of fund ? 1 point

Mark only one oval.

Sale of Plant

Issue of Shares

Purchase of Land

Payment to Creditors

5. Which of the following is a Non-Current Liability ? 1 point

Mark only one oval.

Mortgage Loan

Bank Balance

Outstanding Salary

None of these

6. Current Liabilities are equal to 1 point

Mark only one oval.

Working Capital + Current Assets

Working Capital - Current Assets

Current Assets - Working Capital

Current Assets + Working Capital

7. Which of the following does not affect Working Capital ? 1 point

Mark only one oval.

Bank Overdraft

Debentures

Cash

Bank

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7/4/2021 OMR - FUND FLOW STATEMENT (SET 1)

8. Which of the following is a Non-Current Liability ? 1 point

Mark only one oval.

Debentures

Short Term Loan

Bills Payable

Short Term Loans

Outstanding Expenses

9. Which of the following is included in Fund Flow Statement ? 1 point

Mark only one oval.

Sale of Equipment

Depreciation

Outstanding Expenses

Prepaid Expenses

10. Proposed Dividend is a 1 point

Mark only one oval.

Current Liability

Current Asset

Non-Current Liability

Expenses

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Forms

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