Fund Flow Statement – Corporate and Management Accounting MCQ

Depreciation provided during the year: Furniture ₹ 15,000, Building ₹ 14,000.The statement of P & L for the year:Opening balance ₹ 38,500Add Profit for the year ₹ 40,300,Less: Goodwill wrote off ₹ 15,000,Closing balance ₹ 63,800.What will be the number of funds from the operation?

Which of the following statement is correct?

June 2018: Which of the following does not come under the scope of management accounting?

Assertion (A):Management accounting can be defined as processing and presenting accounting, cost accounting, and other economic data.
Reason (R):It is an analysis of all the transactions, financial and physical, to enable effective comparison to be made between the forecasts and actual performance.

The total increase in current ₹ 20,000 assetsThe total increase in current ₹ 80,000 liabilitiesTotal decrease in current ₹ 1,30,000 assetsThe total decrease in current ₹ 30,000 liabilitiesThe net change in working capital is:

While analyzing the opening and closing balance sheet of a company the following are observed:

In the fund flow statement, the flow of fund will occur when a transaction is happened between:

In Management Accounting, analysis of accounting data are carried out with the help of:

Management accounting works on the output of:

Management accounting and cost accounting are____to each other.

June 2017: Net Profit + Non-Cash expenses =

Assertion (A):In management accounting firm decisions on pricing policy can be taken.
Reason (R):As the marginal cost per unit is constant from period to period within a short span of time.

Management Accounting aims at:

: Which of the following is not applied in Management Accounting?

A company reported a current year profit of ₹ 12,00,000which includes the following:Profit on sale of equipment:Share issue expenses:Dividend income:Tax:Profit on revaluation of fixed assets :The amount of funds from operation will be_______

June 2016: The balance of the investment account is ₹ 20,000 on 31 st March 2014 and ₹ 30,000 on 31st March 2015. As per additional information, dividend received ₹ 3,000 includes ₹ 1,000 from pre-acquisition profit which is credited to an investment account. The amount of investment purchased/sold during the year 2014-2015 is

June 2016: Which one of the following is a non-current item

A company reported current year profit as ₹ 70,000 after the following adjustments:Loss on sale of equipment: ₹ 9,000Premium on debenture redemption: ₹ 1,500Tax provision: ₹ 22,000Dividend income: ₹ 4,000Profit on revaluation of fixed asset: ₹ 2,500The amount of fund from operations will be

June 2016: If provision for taxation is treated as a current liability, then payment of tax is

Assertion (A):Funds are not related to working capital.
Reason (R):The flow of funds takes place whenever there is a change in the funds.

June 2015: Which of the following statement is not true –

June 2015: Which of the following does not result in an inflow of funds in case of fund flow statement

Which of the following results in a decrease in working capital

Net profit of A Ltd. amounted to 40,000.