Matching Type MCQs of Cash Flow Statement class 12

Looking for Matching Type MCQs of Cash flow statement for class 12 CBSE, ISC and for CUET Examinations.

Matching Type Multiple Choice Questions of Cash Flow Statement of Class 12 and CUET

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While preparing Cash Flow Statement, match the following activities:

Group A	Group B
1. Payment of cash for purchase of Debentures by a Financing Company	(A) Financing Activity
2. Purchase of Goodwill	(B) Investing Activity
3. Dividend paid by manufacturing company	(C) Operating Activity

Select the correct answer using the codes given below:-

a) 1-C, 2-A, 3-B
b) 1-B, 2-A, 3-C
c) 1-A, 2-B, 3-C
d) 1-C, 2-B, 3-A

Ans – d)

In Cash Flow Statement, match the following activities:

Group A	Group B
1. Receipt of Dividend	(A) Financing Activities
2. Purchase and Sale of Securities by a Finance Company	(B) Investing Activities
3. Buy-back of own Shares	(C) Operating Activities

Select the correct answer using the codes given below:

a) 1-B, 2-A, 3-C
b) 1-B, 2-C, 3-A
c) 1-A, 2-C, 3-B
d) 1-A, 2-B, 3-C

Ans – b)

Match the following:

i) Sale of goods on credit	A) Inflow of Cash
ii) Cash received from royalty, fees, commission	B) Outflow of Cash
iii) Payment of wages, rent etc.	C) No Flow of Cash
iv) Depreciation on fixed assets

Options

a) i-A, ii-B, iii-C
b) i-C, ii-A, iii-B, iv-C
c) i-B, ii-C, iii-A, iv-D
d) i-D, ii-A, iii-B, iv-C

Ans – b)

Match the following:

i) Sale of Marketable Securities	A) Inflow of Cash
ii) Profit on sale of Marketable Securities	B) Outflow of Cash
iii) Cash withdrawn from bank	C) No Flow of Cash

Options

a) i-A, ii-B, iii-C
b) i-B, ii-A, iii-C
c) i-C, ii-C, iii-C
d) i-C, ii-B, iii-A

Ans – b)

Match the following:

i) Refund of Tax	A) Inflow of Cash
ii) Increase in Provision of Tax	B) Outflow of Cash
iii) Sale of Security by a Finance Company	C) No Flow of Cash

Options

a) i-A, ii-C, iii-A
b) i-B, ii-A, iii-C
c) i-C, ii-B, iii-A
d) i-A, ii-C, iii-B

Ans – a)

Match the following:

i) Interest Paid	A) Operating Activity
ii) Dividend Paid	B) Investing Activity
iii) Interest Received	C) Financing Activity
iv) Dividend Received

Options

a) i-A, ii-B, iii-C, iv-C
b) i-C, ii-C, iii-B, iv-B
c) i-B, ii-A, iii-C, iv-A
d) i-C, ii-B, iii-A, iv-A

Ans – b)

Match the following in case of a financing company:

i) Interest Paid	A) Operating Activity
ii) Dividend Paid	B) Investing Activity
iii) Interest Received	C) Financing Activity
iv) Dividend Received

Options

a) i-A, ii-C, iii-A, iv-A
b) i-B, ii-A, iii-C, iv-C
c) i-C, ii-B, iii-A, iv-A

Ans – a)

Match the following:

i) Receipt of premium in case of an insurance company	A) Operating Activity
ii) Sale and purchase of security in case of an investment company	B) Investing Activity
iii) Sale and purchase of security in case of a manufcturing company	C) Financing Activity

Options

a) i-A, ii-A, iii-B
b) i-A, ii-B, iii-C
c) i-B, ii-A, iii-C
d) i-C, ii-B, iii-A

Ans – a)

Match the following:

i) Payment of cash to acquire Debentures by an Investing company	A) Financing Activity
ii) Purchase of Goodwill	B) Investing Activity
iii) Dividend paid by manufacturing company	C) Operating Activity

Options:

a) i-C, ii-A, iii-B,
b) i-A, ii-C, iii-A,
c) i-B, ii-A, iii-C,
d) i-C, ii-B, iii-A,

Ans – d)

Match the following:

i) Sale of Marketable Securities	A) Operating Activity
ii) Buy-back of equity shares	B) Investing Activity
iii) Commission received	C) Financing Activity
iv) Increase in Cash Credit	d) Cash & Cash Equivalents

Options:

a) i-D, ii-C, iii-A, iv-C
b) i-A, ii-B, iii-C, iv-D
c) i-B, ii-A, iii-D, iv-C
d) i-C, ii-B, iii-C, iv-D

Ans – a)

Match the following:-

i) Land sold at profit	A) Operating activity
ii) Depreciation on furniture	B) Investing Activity
iii) Acquisition of land by issue of debentures	C) Financing Activity
	D) Not Shown in Cash flow statement

Options

a) i-B, ii-A, iii-D
b) i-A, ii-B, iii-C
c) i-C, ii-A, iii-B
d) i-D, ii-B, iii-A

Ans – a)

Match the following:

i) Conversion of Debentures into shares	A) Operating Activity
ii) Selling and Distribution Exp	B) Investing Activity
iii) Income Tax Paid	C) Financing Activity
	D) Not shown in cash flow statement

Options

a) i-D, ii-A, iii-A
b) i-A, ii-B, iii-C,
c) i-B, ii-A, iii-D
d) i-C, ii-B, iii-A

Ans – a)

Match the following:

i) Cash paid against trade payables	A) Operating Activities
ii) Purchase of Marketable Securities	B) Investing Activities
iii) Sale patents	C) Financing Activities
iv) Income Tax refund received	D) Cash & Cash Equivalents

Options

a) i-A, ii-D, iii-B, iv-A
b) i-B, ii-A, iii-C, iv-D
c) i-C, ii-B, iii-A, iv-D
d) i-B, ii-A, iii-D, iv-C

Ans – a)

Match the following:

i) Purchase of Securities (Non-Marketable)	A) Operating Activities
ii) Sale of Machines by a dealer of Machines	B) Investing Activites
iii) Short-term Deposits in Bank	C) Financing Activities
iv) Rent received on property held as investment	D) Cash & Cash Equivalents

Options

a) i-B, ii-A, iii-D, iv-B
b) i-A, ii-B, iii-C, iv-D
c) i-C, ii-A, iii-B, iv-D
d) i-D, ii-B, iii-A, iv-C

Ans – a)

Match the following

i) Bank Overdraft	A) Operating Activity
ii) Sale of fixed asset at profit	B) Investing Activity
iii) Sale of fied asset at a loss	C) Financing Activity
iv) Underwriting Commission paid

Options

a) i-A, ii-C, iii-B, iv-A
b) i-C, ii-B, iii-B, iv-C
c) i-A, ii-C, iii-B, iv-C
d) i-B, ii-A, iii-C, iv-A

Ans – b)

Match the following:

i) Purchase of Intangible assets	A) Operating Activities
ii) Debentures issued at discount	B) Investing Activities
iii) Proposed Dividend of Current year	C) Financing Activities
	D) Not shown in Cash Flow Statement

Options

a) i-B, ii-C, iii-D

a) i-B, ii-C, iii-D
b) i-A, ii-B, iii-C
c) i-B, ii-A, iii-D
d) i-D, ii-B, iii-C

Ans – a)

Match the following:

i) Proceeds from Public Deposits	A) Operating Activities
ii) Securities Premium on issue of shares	B) Investing Activities
iii) Sale of investments at profit	C) Financing Activities
iv) Profit on sale of marketable securities

Options

a) i-C, ii-C, iii-B, iv-A
b) i-A, ii-B, iii-C, iv-A
c) i-B, ii-A, iii-C, iv-C
d) i-A, ii-B, iii-C, iv-c

Ans – a)

Match the following:

i) Cash budget is prepared for	A) Present period
ii) Cash flow statement is prepared for	B) Past period
	C) Future Period

Options

a) i-C, ii-B
b) i-A, ii-C
c) i-B, ii-A
d) i-A, ii-B

Ans – a)