Question

How is "Cash" defined?

a.

Cash on hand and demand deposits with banks

b.

Investments in the stock market

c.

Revenue generated from sales

d.

Long-term assets of the organization

Posted under IC 89 Management Accounting

Answer: (a).Cash on hand and demand deposits with banks Explanation:"Cash" comprises cash on hand and demand deposits with banks of the corporate office and its operational units.

Interact with the Community - Share Your Thoughts

Uncertain About the Answer? Seek Clarification Here.

Understand the Explanation? Include it Here.

Q. How is "Cash" defined?
Add Comment

Similar Questions

Explore Relevant Multiple Choice Questions (MCQs)

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

Q. What are the outlined sources of working capital?

View solution

Q. What is considered an application of working capital or funds?

View solution

Q. What does a Cash Flow Statement report?

View solution

Q. How is "Cash" defined?

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!

Engineering Geology

Explore the dynamic field of Engineering Geology with our specialized category. Delve...

Professional Communication

Hone your communication skills with our Professional Communication category. Enhance...

Electrical Measurement and Instrumentation

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

Verbal Ability

Hone your language and communication skills with our Verbal Ability category. Enhance...

Bioinformatics

Unlock the power of data analysis in biology with our Bioinformatics category....

IC 92 Actuarial Aspects of Product Development

Sharpen your understanding of actuarial principles in product development with our...

General Knowledge

Expand your horizons and stay informed about the world with our General Knowledge...

Verbal Reasoning

Sharpen your logical thinking and reasoning abilities with our Verbal Reasoning...

Molecular Biology

Dive into the intricate world of molecular biology with our specialized category....