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Financial Forensics Quiz 1: 23 February 2025 (January 2025 term)

Question 1

+1 markOne correct option

Total cash inflow in the operating section of the statement of cash flows should include which of the following?

  1. A

    Cash received from customers at the point of sale

  2. B

    Cash collections from customer accounts receivable

  3. C

    Cash received in advance of revenue recognition (unearned revenue)

  4. D

    All of these

Also asked in End Term 30 Apr 2023

Question 2

+1 markOne correct option

Which of the following would not appear in the investing section of the statement of cash flows?

  1. A

    Purchase of land for a new office building

  2. B

    Interest and dividend received

  3. C

    Purchase of inventory

  4. D

    Sale of obsolete equipment used in the factory

Also asked in End Term 30 Apr 2023, End Term 3 Sept 2023, Quiz 1 7 Jul 2024

Question 3

+1 markOne correct option

Which of the following is considered as a financing activity while preparing the statement of cash flows?

  1. A

    Dividends Received and Interest Paid

  2. B

    Dividends Received and Interest Received

  3. C

    Dividends Paid and Interest Received

  4. D

    Dividends Paid and Interest Paid

14 more questions in this paper

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More on the Financial Forensics Quiz 1 23 Feb 2025 paper

The IIT Madras BS Financial Forensics (Financial Forensics) Quiz 1 paper sat on 23 Feb 2025, in the January 2025 term: 17 questions for 20 marks in 120 minutes. The first 3 questions are below. Sign in with Google — it is free — to see the whole paper with its answers and explanations, in learning mode or as a timed mock test.

FeatureFinancial Forensics Quiz 1 23 Feb 2025 at a glance
TermJanuary 2025 term
SubjectFinancial Forensics
Course codeBSMS4003
Questions17
Marks20
Duration120 min
MCQ12
Numerical5
Official paperIIT M DEGREE AN EXAM QDB2 23 Feb 2025
Negative markingNo negative marking.
Updated

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