Quiz Summary
0 of 10 Questions completed
Questions:
Information
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
Results
Results
0 of 10 Questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
Categories
- IAS 7 – Statement of Cash Flows 0%
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- Current
- Review
- Answered
- Correct
- Incorrect
-
Question 1 of 10
1. Question
Which of the following is a key indicator of the extent to which the entity has generated sufficient cash flows to repay loans, pay dividends and make new investments without recourse to external sources of financing?
CorrectIncorrect -
Question 2 of 10
2. Question
Which of the following is not an example of cash flows from operating activities?
CorrectIncorrect -
Question 3 of 10
3. Question
Which of the following is an example of cash flows from investing activities?
CorrectIncorrect -
Question 4 of 10
4. Question
Which of the following is an example of cash flows from financing activities?
CorrectIncorrect -
Question 5 of 10
5. Question
In the direct method profit or loss is adjusted for the effects of transactions of a non-cash nature, any deferrals or accruals of past or future operating cash receipts or payments, and items of income or expense associated with investing or financing cash flows.
CorrectIncorrect -
Question 6 of 10
6. Question
Entities are encouraged to report cash flows from operating activities using the __________.
CorrectIncorrect -
Question 7 of 10
7. Question
Which of the following is an advantage of the direct method?
CorrectIncorrect -
Question 8 of 10
8. Question
Under which of the following circumstances may an entity report cash flows arising from the operating, investing or financing activities on a net basis?
CorrectIncorrect -
Question 9 of 10
9. Question
Cash flows arising from activities of a financial institution may be reported on a net basis if:
CorrectIncorrect -
Question 10 of 10
10. Question
Cash flows arising from transactions in a foreign currency shall be recorded in an entity’s functional currency by applying to the foreign currency amount the exchange rate between the functional currency and the foreign currency at the reporting date of the cash flow.
CorrectIncorrect