1. 2007 2008
General 12.5L 16.8L
Reserves
Retained profit for 2007-08 is
Rs.4.3L(16.8-12.5)

2. 2007 2008
Stock 4.8L 6.4L
↑ in Stock 1.6L
© Out flow is 1.6L
↑ in W.C. 1.6L

3. 2007 2008
Receivables 7.2L 6.2L
↓ in Receivables Rs.1L
6 inflow is Rs.1L
↓ in W.C.Rs.1L

4. 2007 2008
Creditors 5L 8L
↑ in creditors Rs.3L
8 inflow is Rs.3L
↓ in W.C

5. 2007 2008
Outstanding 3L 2L
Expenses
↓ Outstanding expenses Rs.1L
2 Out flow Rs.1L
↑ W.C.Rs.1L

6. Following items are non cash
items:-
• Depriciation
• Goodwill writtenoff
• Preliminary expenses writtenoff

7. Investing Activities:
• Purchase of Fixed Assets
• Sale of Fixed Assets
• Purchase of Investment
• Sale of Investment

8. Profit or loss of Fixed assets
or investment will be taken in
Operating Activity.

9. Financing Activity consists of
• Share Capital
• Loan fund
• Dividend Paid

10. Which is operating Activity
as per Cash Flow Statement?
A] Interim Dividend
B] Telephone Expenses
C] Purchase of Car
D] None of the above

11. Calculate fund from investment
activity:-
• Purchase of investment Rs.4L
• Sale of fixed Asset Rs.3L
1]Rs.7L
2]Rs.4L
3]Rs.1L
4]Rs.3L

12. Calculate fund from financing
activity:-
• Issued Shares Rs.4L
• Debentures paid Rs.2L
1] Rs 4L
2]Rs 2L
3]Rs 6L
4]None of the above

13. Cash Flow can be prepared
by ________Methods.
1] 1 Method
2] 2 Methods
3] 3 Methods
4] 4 Methods

14. Cash flow is comparison
between ______Periods.
1] 3 periods
2] 4 periods
3] 1&2
4] None of the above

15. Value of stock Rs.5L
Market price Rs.3L
• Closing stock should valued at
1]Rs. 5L
2]Rs. 3L
3]Rs. 8L
4]Rs. 2L

16. Opening stock Rs.10L
Purchase Rs.20L
Consumption Rs.24L
• Closing stock is
1]Rs.30L
2]Rs.10L
3]Rs.6L
4]none of the above

17. Which method matches
Expenses and Revenues?
1]FIFO
2]LIFO
3]1&2
4]None of the above

18. Should method of valuation of
stock given in balance sheet?
1] True
2] False

19. Purchases Rs.7,80,000
Purchase returns Rs.30,000
• Net Purchase_____________
1] Rs.8,10,000
2] Rs.7,50,000
3] Rs.7,60,000
4] Rs. None of the above