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In crop-rotation, a cash crop may be followed by a fodder crop, which is then followed by soil renovating crop like ________

A

Rice

B

Maize

C

Oats

D

Grams and pulses

Correct Answer: Grams and pulses

Grams and pulses are leguminous plants which increase the fertility of the soil by fixing environmental nitrogen with the help of Rhizobium bacteria. This helps reducing crop diseases and wastage due to insects and hence increases overall crop yield.

Which of the following are examples of cash flow from operating activities as per AS-7?
1. Cash receipts from the sale of goods and the rendering of services.
2. Cash receipts from disposal of intangible assets.
3. Cash receipts from royalties, fees, commissions and other revenue.
4. Cash payments to suppliers for goods and services.
5. Cash proceeds from issuing shares or other similar instruments.
6. Cash payments to and on behalf of employees.
Select the correct answer:

A

1, 3, 4 and 6

B

2, 5 and 6

C

1, 2, 3 and 4

D

2, 3, 4 and 6

Which of the following activities should be shown separately in the cash flow statement prepared as per Accounting Standard-3?
1. Cash flow from borrowing activities
2. Cash flow from operating activities
3. Cash flow from financing activities
4. Cash flow from investing activities
5. Cash flow from miscellaneous activitie

A

1, 2 and 3

B

1, 3 and 5

C

1, 3 and 4

D

1, 2 and 5

Which of the following activities should be shown separately in the cash flow statement prepared as per accounting standard-3?
I. Cash flow from borrowing activities.
II. Cash flow from operating activities.
III. Cash flow from financing activities.
IV. Cash flow from investing activities.
V. Cash flow from miscellaneous activities.

A

I, II and III

B

I, III and V

C

II, III and IV

D

I, IV and V

Fact 1: All dogs like to run.
Fact 2: Some dogs like to swim.
Fact 3: Some dogs look like their masters.

If the first three statements are facts, which of the following statements must also be a fact?
I: All dogs who like to swim look like their masters.
II: Dogs who like to swim also like to run.
III: Dogs who like to run do not look like their masters.

A

I only

B

II only

C

II and III only

D

None of the statements is a known fact.

E

None of the statements is a known fact.

Arrange the following categories of cash inflows and cash outflows in a correct order.
1. Cash flows from investing activities.
2. Cash flows from financing activities.
3. Cash flows from operating activities.

A

3, 1, 2

B

1, 3, 2

C

3, 2, 1

D

2, 1, 3

In a class of 60 students, 20 students like Math, 25 students like English and 30 students like Science. If 5 Students like both Math and Science, 8 Students like both English and Science and 3 students like neither of these subjects, how many students like all of the three subjects?

A

2

B

3

C

4

D

5

Consider the following statements about maize cultivation in Punjab.
1. Kharif crop
2. Fodder Crop
3. Food Crop
4. Grown in Hoshiarpur
Which of the statement(s) given above is/are correct.

A

1, 2 and 3

B

1, 2 and 4

C

1, 3 and 4

D

All of these

Free cash flow is Rs 12000, an operating cash flow is Rs 4000, an investment outlay cash flow is Rs 5000 then salvage cash flow would be

A

-Rs 21,000.00

B

Rs 21,000.00

C

-Rs 3,000.00

D

Rs 3,000.00

An investment outlay cash flow is Rs 4000, operating cash flow is Rs 1000 and salvage cash flow is Rs 5000 then free cash flow would be

A

Rs 10,000.00

B

Rs 8,000.00

C

Rs 0.00

D

none of above

An investment outlay cash flow is Rs 2000, an operating cash flow is Rs 1500 and salvage cash flow is Rs 3000 then free cash flow would be

A

Rs 500.00

B

Rs 2,500.00

C

Rs 650.00

D

Rs 6,500.00