Question

How is the Cash Flow Statement categorized based on the firm's major activities?

a.

Operational, Financial, and Marketing Activities

b.

Operating, Investing, and Financing Activities

c.

Primary, Secondary, and Tertiary Activities

d.

Production, Distribution, and Sales Activities

Posted under IC 89 Management Accounting

Answer: (b).Operating, Investing, and Financing Activities Explanation:The Cash Flow Statement is categorized into Operating Activities, Investing Activities, and Financing Activities based on the firm's major activities.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. How is the Cash Flow Statement categorized based on the firm's major activities?
Add Comment

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

Q. In the insurance industry, why is the Cash Flow Statement considered of prime importance?

View solution

Q. What is required for an insurance company to prepare a Cash Flow Statement?

View solution

Q. In which method should an insurance company prepare its Cash Flow Statement according to IRDA regulations?

View solution

Q. How is "Cash" defined?

View solution

Q. What are Cash Equivalents?

View solution

Q. How are Cash Flows defined?

View solution

Q. What are Operating Activities?

View solution

Q. In an insurance company, what does cash flow from operating activities indicate?

View solution

Q. What is the primary focus of Investing Activities?

View solution

Q. Which of the following is an example of a cash flow from Investing Activities?

View solution

Q. What defines Financing Activities?

View solution

Q. In the context of insurance business, what do Financing Activities involve?

View solution

Q. According to Accounting Standard 3 (Revised), what does the treatment of cash flows of special items include?

View solution

Q. What documents and data are crucial for the preparation of Cash Flow Statements?

View solution

Q. What is the purpose of analyzing the Statement of Profit & Loss Account in the context of Cash Flow Statements?

View solution

Q. Apart from Balance Sheets and Profit & Loss Account, what additional data is needed for Cash Flow Statements preparation?

View solution

Q. What is the primary definition of a Fund Flow Statement?

View solution

Q. How is the term "flow of funds" defined?

View solution

Q. What does "Fund" mean?

View solution

Q. What is the formula given for calculating Funds?

View solution
View All MCQs on IC 89 Management Accounting

Recommended Subjects

Are you eager to expand your knowledge beyond IC 89 Management Accounting? We've handpicked a range of related categories that you might find intriguing.

Click on the categories below to discover a wealth of MCQs and enrich your understanding of various subjects. Happy exploring!

Textile Engineering

Explore the dynamic world of Textile Engineering with our specialized category. Delve...

Electronics and Communication Engineering

Explore the dynamic field of Electronics and Communication Engineering with our...

Environmental Biotechnology

Discover the intersection of biology and environmental science with our Environmental...

Engineering Materials

Discover the building blocks of engineering with our Engineering Materials category....

Cognitive Radio

Step into the dynamic world of Cognitive Radio, where wireless communication meets...

Analytical Instrumentation

Dive into the world of precise measurements with our Analytical Instrumentation...

Electrical Measurement and Instrumentation

Unlock the world of electrical measurements with our dedicated category. Explore...

Corrosion Engineering

Master the art of preventing material deterioration with our Corrosion Engineering...

Non Verbal Reasoning

Enhance your cognitive abilities with our Non-Verbal Reasoning category. Dive into...