## Accountancy MCQ Class 12 Chapter 11 | Cash Flow Statement | Accountancy Quiz for Class 12 and Other Competitive Exams

Accountancy MCQ Class 12 Chapter 11: Check the below NCERT MCQ Questions for Accountancy MCQ Class 12 Chapter 11 with Answers Pdf free download. Accountancy MCQ Class 12 Chapter 11 Questions for Accountancy with Answers were prepared based on the latest exam pattern. We have provided Accountancy MCQ Class 12 Chapter 11 with Answers to help students understand the concept very well.

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## Accountancy MCQ Class 12 Chapter 11

1. Cash from operation is equal to ________.
(a) Net Profit + Increase in Current Assets
(b) Net Profit + Decrease in Current Liabilities
(c) Operating Profit + Adjustment of Current Assets and Current Liabilities
(d) All of the above

(b) Net Profit + Decrease in Current Liabilities

2. While calculating cash flow from operating netivities which will be deducted ?
(a) Increase in Creditors
(b) Increase in Debtors
(c) Decrease in Debtors
(d) Decrease in Prepaid Expenses

(b) Increase in Debtors

3. Cash flow statement according to AS-3 is mandatory to ______.
(a) All enterprises
(b) Companies listed on a stock exchange
(c) Enterprises having turnover expending Rs 50 crore
(d) Both (b) and (c)

(d) Both (b) and (c)

4. While calculating cash flow from operating activities, which will be added ?
(a) Increase in Stock
(b) Increase in Creditors
(c) Decrease in Bills Payable
(d) Increase in Debtors

(b) Increase in Creditors

5. While calculating operating profit, which will be added to net profit?
(b) Profit on Sale of Asset
(c) Increase in General Reserve
(d) Refund of Tax

(c) Increase in General Reserve

6. An example of Cash Flow from Investing Activities :
(a) Cash Sales
(b) Issue of Shares
(c) Payment of cash for purchase of machinery
(d) Payment of Dividend

(c) Payment of cash for purchase of machinery

7. Claims received from Insurance Companies are treated as ______.
(a) Cash Flow from Operating Activities
(b) Cash Flow from Investing Activities
(c) Cash Flow from Financing Activities
(d) None of the above

(a) Cash Flow from Operating Activities

8. An example of Cash Flows from Financing Activity is :
(a) Sale of goods
(b) Sale of Investment
(c) Cash receipts from issue of shares

(c) Cash receipts from issue of shares

9. While calculating cash flow from operating activities, which will be added?
(a) Increase in Stock
(b) Increase in Creditors
(c) Decrease in Bills Payable
(d) Increase in Debtors

(d) Increase in Debtors

10. Interest received by a finance company is classified under which kind of activity while preparing a Cash Flow Statement ?
(a) Cash Flow from Operating Activities
(b) Investing Activities
(c) Financing Activities
(d) Cash Equivalent

(a) Cash Flow from Operating Activities

By Team Learning Mantras

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