19.

20.

21.

22.

23.

Which of the following transaction is NOT a flow of fund?
(A) Between Current Assets and Non Current Assets
(B) Between Current Liabilities and Non Current Liabilities
(C) Between Current Assets and Non Current Liabilities

(D) Between Current Assets and Current Liabilities

Which of the following statements are TRUE with respect to fund flow statement?

L Net increase in Working Capital is shown as a source of fund

11. Fund from operation is shown as an application of fund

111. Redemption of debentures will shown as a source of fund

IV. Dividend paid will be shown as an application of fund
(A) Statements I and II are True (B) Statements III and IV are True
(C) Statement IV alone is True (D) Statement I alone is True

Net Profit for the year is Rs.1,00,000, Increase in Current Asset is Rs. 10,000, Decrease in
Current Liability is Rs.20,000

Cash from Operation is :
(A) 70,000 (B) 90,000
(€) 130,000 (0). 1,10,000

Which is a WRONG statement with respect to different types of budgets?

(ಹ) Production budget indicates the quantity of production by taking the forecasted
sales as its basis

(B) Fixed budgets are type of Functional Budgets
(C) Flexible budgets will indicate values for different level of activity

(D) Master budgets will be prepared as a summary of various functional budgets

Which of the following statements are TRUE?

]. ZBB stands for Zero Balance Budget which always carries its previous year balances to
the next years.

11. Du-pont control charts indicates the ratio interrelationship and is based on two
elements Net Profit and Capital Employed.

111. Budgets are blue print of a plan expressed in quantitative terms.
(A) Statements I, II and III are True (B) Statements I and III are True
(C) Statements I and II are True (D) Statements IT and III are True

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