Greenfinch has an operating profit which exceeds the net cash inflow from operating activities.Which of the following changes over the year could have caused this difference?

1 .An extract from a statement of cash flows prepared by a trainee accountant is shown below: USDm Profit before taxation 28 Adjustments for: Depreciation (9) ——— Operating profit before working capital changes 19 Decrease in inventories 3 Increase in receivables (4) Increase in payables (8) ——— Cash generated from operations 10 ——— Which of the following criticisms of this extract are correct?(1) Depreciation charges should have been added, not deducted(2) Decrease in inventories should have been deducted, not added.(3) Increase in receivables should have been added, not deducted.(4) Increase in payables should have been added, not deducted

A 1 and 3 B 1 and 4 C 2 and 3 D 2 and 4

题型: 单选题 提问时间: 2021-08-24

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2 .Which of the following items could appear in a company’s statement of cash flows?(1) Proposed dividends(2) Rights issue of shares(3) Bonus issue of shares(4) Repayment of loan

A 1 and 3 B 1 and 4 C 2 and 3 D 2 and 4

题型: 单选题 提问时间: 2021-08-24

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3 .A draft statement of cash flows contains the following calculation of net cash inflow from operating activities: USDm Operating profit 13 Depreciation 2 Decrease in inventories (3) Decrease in trade and other receivables 5 Decrease in trade payables 4 ——— Net cash inflow from operating activities 21 Which of the following corrections need to be made to the calculation?(1) Depreciation should be deducted, not added.(2) Decrease in inventories should be added, not deducted.(3) Decrease in receivables should be deducted, not added.(4) Decrease in payables should be deducted, not added.

A 1 and 3 B 1 and 4 C 2 and 3 D 2 and 4

题型: 单选题 提问时间: 2021-08-24

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4 .A company sold a building at a profit.How should this transaction be treated in the company’s statement of cash flows?

A Proceeds of sale: Cash inflow under Financing activities;Profit on sale: Added to profit in calculating cash flow from operating activities B Proceeds of sale: Cash inflow under Investing activities;Profit on sale: Deducted from profit in calculating cash flow from operating activities C Proceeds ...

题型: 单选题 提问时间: 2021-08-24

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5 .The following information was extracted from the statements of financial position of Abacus at 31 December 2015 and 31 December 2014: 2015 2014 USD000 USD000 Inventory 120 100 Receivables 175 140 Trade payables 215 175 What is the overall effect of the above on Abacus’s cash flows in the year ended 31 December 2015?

A USD25,000 outflow B USD15,000 outflow C USD15,000 inflow D USD25,000 inflow

题型: 单选题 提问时间: 2021-08-24

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7 .The statements of financial position of Jurric at 30 April 2015 and 2014 include the following: 2015 2014 USD USD Inventory 193,885 164,843 Payables 62,887 87,996 How should the changes in these amounts be reflected in the statement of cash flows for the year to 30 April 2015?

A Change in inventory Inflow; Change in payables Inflow B Change in inventory Outflow; Change in payables Outflow C Change in inventory Inflow; Change in payables Outflow D Change in inventory Outflow; Change in payables Inflow

题型: 单选题 提问时间: 2021-08-24

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8 .APM provides the following note property, plant and equipment in its statement of financial position: Cost Depreciation Carrying amount USD000 USD000 USD000 Opening balance 25 12 13 Additions 15 15 Depreciation 4 (4) Disposals (10) (8) (2) ——— ——— ——— Closing balance 30 8 22 ——— ——— ——— There was a gain on disposal of USD3,000.What is the net cash outflow for investing activities relating to property, plant and equipment?

A USD10,000 B USD12,000 C USD13,000 D USD15,000

题型: 单选题 提问时间: 2021-08-24

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9 .The following extract is from the financial statements of Pompeii at 31 October: 2015 2014 USD000 USD000 Equity and liabilities Share capital 120 80 Share premium 60 40 Retained earnings 85 68 ——— ——— 265 188 Non-current liabilities Bank loan 100 150 ——— ——— 365 338 ——— ——— What is the cash inflow from financing activities to be disclosed in the statement of cash flows for the year ended 31 October 2015?

A USD10,000 B USD27,000 C USD60,000 D USD110,000

题型: 单选题 提问时间: 2021-08-24

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10 .During the year to 30 April 2016 Jaunty had purchased non-current assets which cost USD687,000. The company financed the purchases by taking out loans totalling USD597,000, and paying the balance in cash. In addition, non-current assets with a carrying amount of USD75,000 were sold at a loss of USD15,000.What figure should appear for net cash used in investing activities in the statement of cash flows for the year to 30 April 2016?

A USD537,000 B USD627,000 C USD672,000 D USD687,000

题型: 单选题 提问时间: 2021-08-24

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