Top 150+ Solved Advanced Financial Management 2 MCQ Questions Answer

From 106 to 120 of 148

Q. ‘Where Got’ Where Gone’ Statement is also known as

a. Balance Sheet

b. Profit and Loss Statement

c. Funds Flow Statement

d. Capital Budget

  • c. Funds Flow Statement

Q. Operating Loss is a

a. Application of Fund

b. Source of Fund

c. Loss of Assets

d. None of the Above

  • a. Application of Fund

Q. Public Deposit accepted by a company represents

a. Use of Fund

b. Source of Fund

c. Application of Fund

d. Equilibrium

  • b. Source of Fund

Q. Redemption of Debenture by a company represents

a. Application of Fund

b. Source of Fund

c. Loss of the Company

d. None of the Above

  • a. Application of Fund

Q. Only Current Assets and Current Liabilities are shown in the statement showing

a. Changes in Assets

b. Changes in Liabiliteis

c. Changes in Working Capital

d. Changes in Fixed Capital

  • c. Changes in Working Capital

Q. Decrease in Working Capital Denotes

a. Application of Fund

b. Source of Fund

c. Disposition of Fund

d. Operating Loss

  • b. Source of Fund

Q. Which one of the following is not an Application of Fund?

a. Purchase of Fixed Assets

b. Repayment of Loans

c. Operating Loss

d. Operating Profit

  • d. Operating Profit

Q. When liability decreases it is a ________

a. Source of Funds

b. Profit

c. Application of Funds

d. Loss

  • c. Application of Funds

Q. The proposed dividend for the Current Year would appear on the debit side of whichaccount?

a. Profit and Loss Account

b. Balance Sheet

c. Adjusted Profit and Loss Account

d. Adjusted Balance Sheet

  • c. Adjusted Profit and Loss Account

Q. If the shares are issued at a premium during the year then the amount of premiumreceived will appear as a _______

a. Source of Fund

b. Application of Fund

c. Profit

d. Loss

  • a. Source of Fund

Q. If we want to prepare the funds flow statement, we should have

a. Balance sheets of two consecutive years

b. Funds flow statements of two consecutive years

c. Budget for next financial year

d. All of the Above

  • a. Balance sheets of two consecutive years

Q. Last year’s proposed dividend has been paid during the current year and hence will beshown as________

a. A source of funds

b. An application of funds

c. Increase in liabilities

d. None of the above

  • b. An application of funds
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