Accounting Cash Flow

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Question 1 Easy Mcq

The use of a bond sinking fund to retire a long-term debt at maturity would appear in which of the following sections of the cash flow statement?

Question 2 Easy Mcq

Cash paid for land would be shown as ________________.

Question 3 Easy Mcq

Equity in the undistributed earnings of a recognized affiliate would appear in which of the following sections of the cash flow statement?

Question 4 Easy Mcq

Which of the following would NOT be shown in the investing section of a cash flow statement?

Question 5 Easy Mcq

The most popular method of presenting cash from operations in a cash flow statement is the _________________.

Question 6 Easy Mcq

Which of the following statements about depreciation expense is true?

Question 7 Easy Mcq

Which of the following statements expresses the objective of a cash flow statement?

Question 8 Easy Mcq

When determining cash flow from operations, which of the following would be added back to net income?

Question 9 Easy Mcq

Deferred income tax payable that increased during the year would appear in which of the following sections of the cash flow statement?

Question 10 Easy Mcq

The acquisition of a patent would be shown __________________.

Question 11 Easy Mcq

A payment made from accounts payable will cause cash to ______________ .

Question 12 Easy Mcq

In 2007, XYZ Company had a net income of $150,000 and reported the following:Depreciation expense: $21,000Issuance of debt: $120,000Loss on sale of equipment: $23,000Purchase of building: $110,000Increase in inventory: $12,000Given this data, the amount of cash flow from operations was ______________.

Question 13 Easy Mcq

Which of the following statements does NOT illustrate a proper interpretation of information in a cash flow statement?

Question 14 Easy Mcq

Depreciation recorded on equipment would appear in which of the following sections of the cash flow statement?

Question 15 Easy Mcq

Collecting receivables will cause cash to ______________ .

Question 16 Easy Mcq

Prepaid rent that increased during the year would appear in which of the following sections of the cash flow statement?

Question 17 Easy Mcq

The sale of equipment for cash with a recognized loss would appear in which of the following sections of the cash flow statement?

Question 18 Easy Mcq

An increase in the accounts payable balance would appear in which of the following sections of the cash flow statement?

Question 19 Easy Mcq

In 2007, XYZ Company had a net income of $312,000 and reported the following:Decrease in accounts receivable: $10,000Gain on sale of building: $14,000Increase in accounts payable: $12,000Issuance of common stock: $90,000Retirement of debt: $45,000Given this data, the amount of cash flow from operations was ______________.

Question 20 Easy Mcq

Amortized discount on bonds payable would appear in which of the following sections of the cash flow statement?

Question 21 Easy Mcq

Cash received from sale of investment would be shown on a cash flow statement as ___________.

Question 22 Easy Mcq

Unearned revenue that had been reduced during the year would appear in which of the following sections of the cash flow statement?

Question 23 Easy Mcq

Which of the following typically happens during the growth phase of a product's life cycle?

Question 24 Easy Mcq

Cash borrowed from a bank by issuing a short-term note payable would appear in which of the following sections of the cash flow statement?

Question 25 Easy Mcq

Warranties payable that increased during the year would appear in which of the following sections of the cash flow statement?

Question 26 Easy Mcq

In determining cash flow from operations, which of the following would be added to net income?

Question 27 Easy Mcq

When determining cash flow from operations, which of the following would be a deduction from net income?

Question 28 Easy Mcq

Preferred stock issued for cash would appear in which of the following sections of the cash flow statement?

Question 29 Easy Mcq

Salaries paid during the year would appear in which of the following sections of the cash flow statement?

Question 30 Easy Mcq

Which of the following would be shown in the financing section of a cash flow statement?

Question 31 Easy Mcq

Land acquired by issuing preferred stock would appear in which of the following sections of the cash flow statement?

Question 32 Easy Mcq

When determining cash flow from operations, which of the following would NOT be deducted from net income?

Question 33 Easy Mcq

Recording a depreciation expense will cause cash to ______________ .

Question 34 Easy Mcq

Issuing ten-year bonds will cause cash to ______________ .

Question 35 Easy Mcq

In most countries, the preparation of a __________________ is a common practice.

Question 36 Easy Mcq

A cash payment for land acquisition would appear in which of the following sections of the cash flow statement?

Question 37 Easy Mcq

Purchasing inventory with a check will cause cash to ______________ .

Question 38 Easy Mcq

At the beginning and end of 2007, XYZ Company reported the following balances for Bonds Payable:Jan 1: $100,000Dec 31: $140,000In addition, $60,000 In bonds was retired In 2007.Given the above data, the amount of Bonds Payable issued during the year was ______________.

Question 39 Easy Mcq

An investment in the stock of another company would appear in which of the following sections of the cash flow statement?

Question 40 Easy Mcq

Accruing an income tax liability will cause cash to ______________ .

Question 41 Easy Mcq

Which of the following typically happens during the introduction phase of a product's life cycle?

Question 42 Easy Mcq

Which of the following would be included in the investing section of a cash flow statement?

Question 43 Easy Mcq

Accounts receivable that increased during the year would appear in which of the following sections of the cash flow statement?

Question 44 Easy Mcq

When preparing cash flow statements, the practice of presenting cash from operations by listing all cash-generating revenues followed by all cash expenses is called the ______________.

Question 45 Easy Mcq

Treasury stock purchased for cash would appear in which of the following sections of the cash flow statement?

Question 46 Easy Mcq

Dividends paid for the year would appear in which of the following sections of the cash flow statement?

Question 47 Easy Mcq

The amortization of a recorded patent would appear in which of the following sections of the cash flow statement?

Question 48 Easy Mcq

The major components of a cash flow statement are ________________________.

Question 49 Easy Mcq

Cash received from the issue of debt would be shown as ____________________.

Question 50 Easy Mcq

Pre-paying a one-year insurance policy will cause cash to ______________ .

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