Top 150+ Solved Accounting for Management MCQ Questions Answer
Q. The overall net increase or decrease in working capital is found out bypreparing…………………
a. fund flow statement
b. cash flow statement
c. statement showing changes in working capital
d. none of these
Q. Which one of the following is a source of fund ?
a. issue of shares in consideration of machinery purchased
b. issue of bonus shares
c. issue of right shares
d. issue of shares for cash
Q. Which among the following is a sources of fund ?
a. sale proceeds of fixed assets
b. sale proceeds of long term investments
c. non operating incomes
d. all of these
Q. Which among the following is an application of fund ?
a. purchase of long term investments
b. redemption of preference shares
c. redemption of debentures
d. all of these
Q. ……………is only internal source of funds
a. fund from operations
b. net profit
c. both of these
d. none of these
Q. Which among the following do not result in the flow of fund /
a. depreciation of fixed assets
b. goodwill written off
c. transfer to general reserve
d. all of these
Q. Fund flow refers to changes in ------------- capital
a. fixed
b. working
c. both of these
d. none of these
Q. Net profit earned plus non working capital expenses is equal to …………..
a. fund provided by operations
b. use of funds
c. sinking fund
d. none of these
Q. ……………….refers to firms investment in current assets.
a. working capital
b. gross working capital
c. net working capital
d. all of these
Q. ……………..means excess of current assets over current liabilities.
a. working capital
b. gross working capital
c. net working capital
d. all of these
Q. ……………….means cash and other assets which are expected to be sold orconsumed during the normal operating cycle of business.
a. liquid assets
b. quick assets
c. cash equivalents
d. current assets
Q. Which among the following asset is excluded from current assets ?
a. loose tools
b. accounts receivable
c. short term investments with bank
d. finished goods
Q. Which transaction results in flow of funds ?
a. transaction involve only fixed assets
b. transaction involve only current assets
c. all of these
d. none of these
Q. There will be flow of funds, if a transaction involves………………..
a. current assets and fixed assets
b. current assets and capital
c. current assets and fixed liabilities
d. all of these
Q. The flow of funds occurs when a transaction changes on the one hand anon current account and on the other hand a …………..
a. current asset
b. current liability
c. a or b
d. none of these