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Cash Flows

Quiz by Roz Norgaard-Sim

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11 questions
Show answers
  • Q1
    The 3 categories of cash flows are?
    Investing, Financing and Operating
    Expenses, Revenue, and Capital
    Internal, Financing, Outsourcing
    Inflows, Financing, and Outflows
    30s
  • Q2
    Investing activities are those activities which
    involve the flow of cash related to providing goods or service
    involve cash flows from the owner or financial institutions
    involve the purchase or sale of assets and investments
    30s
  • Q3
    Cash earned from sales to customers is classified and reported as
    Operating activity
    Financing activity
    Investing activity
    30s
  • Q4
    Cash spent on purchasing a new vehicle would be classified as
    Investing activity
    Financing activity
    Operating activity
    30s
  • Q5
    Cash received from a tenant paying their rent is classified as
    Financing activity
    Investing activity
    Operating activity
    30s
  • Q6
    Cash received from ANZ Bank would be classified and reported as
    Financing activity
    Investing activity
    Operating activity
    30s
  • Q7
    Cash deposited into a term deposit account would be classified and reported as
    Investing activity
    Operating activity
    Financing activity
    30s
  • Q8
    Cash paid to the Australian Taxation Office (ATO) would be classified and reported as
    Financing activity
    Operating activity
    Investing activity
    30s
  • Q9
    Cash INFLOWS can be described as
    revenue accounts only
    money spent by the business paying others
    expense accounts only
    money received by the business
    30s
  • Q10
    Cash OUTFLOWS can be described as
    expense accounts only
    money spent by the business paying others
    revenue accounts only
    money received by the business from others
    30s
  • Q11
    A cash SURPLUS occurs as the result of
    having greater OUTFLOWS than INFLOWS
    having greater INFLOWS than OUTFLOWS
    expenses exceeding revenue
    revenue exceeding expenses
    30s

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