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Test Quiz

MCQ Quiz – Practice Questions MCQ Quiz Question 1 In dissolution, what is the primary action regarding the firm's assets? Revaluation Transfer to a new entity Sale Donation C Correct Answer: Sale Question 2 What happens to the business during dissolution? It continues operating as usual It merges with another firm It is closed It […]

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MCQ Quiz on Dissolution

MCQ Quiz – Practice Questions MCQ Quiz Question 1 In dissolution, what is the primary action regarding the firm's assets? Revaluation Transfer to a new entity Sale Donation C Correct Answer: Sale Question 2 What happens to the business during dissolution? It continues operating as usual It merges with another firm It is closed It

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How to Calculate Cash Flow from Investing Activities

Type of Questions The questions for finding the cash flow from investing activities will usually have the balance sheet data for two years with some additional information as shown below Particulars 31-Mar-2022 31-Mar-2021 Plant and machinery 1000000 850000 Additional Information : Plant and machinery with Book Value of Rs 60000 was sold for Rs 40000

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