CA Intermediate Paper 1

AS 3 - Cash Flow Statement MCQ

Chapter 5 • 6 Questions from ICAI Study Material

Questions

6

Est. Time

9 min

Source

ICAI Book

Sample Questions: AS 3 - Cash Flow Statement

Preview 3 of 6 questions from Chapter 5

1. Crown Ltd. wants to prepare its cash flow statement. It sold equipment of book value of ₹ 60,000 at a gain of ₹ 8,000. The amount to be reported in its cash flow statement under operating activities is

A) Nil ✓
B) ₹ 8,000
C) ₹ 68,000
D) ₹ 60,000

2. While preparing cash flows statement, an entity (other than a financial institution) should disclose the dividends received from its investment in shares as

A) operating cash inflow
B) investing cash inflow ✓
C) financing cash inflow
D) cash & cash equivalent

3. XYZ Co. is a financial enterprise. In its cash flow statement, interest paid and dividends received should be

A) classified as operating cash flows. ✓
B) classified as financing cash flows.
C) Not shown in cash flow statement.
D) classified as investing cash flows.