Question : Which activities are same for computation of direct and indirect method?

Option 1: Cash Flow from Financing activity and cash flow from Investing activity

Option 2: Cash Flow from Operating activity and cash flow from Investing activity

Option 3: Cash Flow from Operating activity and cash flow from Financing activity

Option 4: None of the Above

Question : The cash flow statement begins with the :

Option 1: Cash Flow from Investing activity

Option 2: Cash flow from Financing activity

Option 3: Cash flow from Operating activity

Option 4: None of the above

Question : Identify the transations as belonging to (i) Operating activity (ii) Investing activity (iii) Financing activity (iv) Cash and cash Equivalent - 

(a) Cash received against revenue from service rendered

(b) Proceeds from issue from debenture

(c) Income tax paid on gain on sale of asset

(d) Mareketeble securities

Option 1: (a) Investing activity

(b) Operating activity

(c) Financing activity

(d) Cash and cash equivalent

Option 2: (a) Financing activity

(b) Cash and cash equivalent

(c) Investing activity

(d) Operating activity

Option 3: (a) Operating activity

(b) Financing activity

(c) Investing activity

(d) Cash and cash equivalent

Option 4: (a) Cash and cash equivalent

(b) Financing activity

(c) Operating activity

(d) Investing activity

Question : If a machine whose original cost is Rs.40,000 having accumulated depreciation Rs.12,000, were sold for Rs.34,000 then while preparing Cash Flow Statement its effect on cash flow will be :

Option 1: Cash flow from financing activities Rs.34,000

Option 2: Cash flow from financing activities Rs.6,000

Option 3: Cash flow from investing activities Rs.34,000

Option 4: Cash flow from investing activities Rs.6,000

Question : Net Increase/Decrease in cash and cash equivalents + Cash and Cash equivalents at the beginning of the period =..........

Option 1: Cash and Cash equivalents at the end of the period

Option 2: Cash flow from operating Activities

Option 3: Cash flow from investing Activities

Option 4: Cash flow from Financing Activities