Question 1

'Where Got' Where Gone' Statement is also known as

Accepted Answer

A) Balance Sheet 
B) Profit and Loss Statement 
C) Funds Flow Statement 
D) Capital Budget

Question 2

Which one of the following is not an Application of Fund?

Accepted Answer

A) Purchase of Fixed Assets 
B) Repayment of Loans 
C) Operating Loss 
D) Operating Profit

Question 3

From the following details find out the fund from operations PAT Rs. 2,500 Accumulated Depreciation Rs. 2,900 Retained Earning Rs. 4,200 Goodwill Written off Rs. 300 Profit on Sale of Fixed Assets Rs. 200

Accepted Answer

A) Rs. 9,900 
B) Rs. 9,600 
C) Rs. 9,700 
D) Rs. 5,100

Exam 5: Financial Management and Accounting

'Where Got' Where Gone' Statement is also known as

Which one of the following is not an Application of Fund?

From the following details find out the fund from operations PAT Rs. 2,500 Accumulated Depreciation Rs. 2,900 Retained Earning Rs. 4,200 Goodwill Written off Rs. 300 Profit on Sale of Fixed Assets Rs. 200