Re: ::: vuaskari.com ::: Helpppppppp,,,,,,,,,,,,,,,,,,,,,,, FIN621 Quiz

Pls see the answer in yellow colours.

 

Regards

HASSAN

On Mon, May 2, 2011 at 10:44 PM, Sohail Tariq <mc080204328@vu.edu.pk> wrote:

 

Dear Friends, Please help to choose the right option

 

• Which of the following is NOT really a cash outflow under operating activity in cash flow statement ?

Provision for doubtful debts
Amortization
depreciation
All of the given options

• Which of the following would increase the cash inflow from operating activities?

 

Decrease in the account receivables

Gain on sale of fixed assets
Purchase of land against issuance of share

Sale of investments

• Which of the following is not true about the characteristic of trial balance?

It can be prepared from the balances of ledgers
Trial balance is also a ledger account
Preparation of Trial balance is not mandatory
prepared to examine the arithmetical accuracy of accounts
--

 

 

Sohail Tariq

MBA (Finance)

LAHORE

 

 

                                                                                                                           

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