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FABM 2 2ND QUARTER > Kaemehan > Flashcards

Kaemehan Flashcards

1
Q

Provides an analysis of inflows and outflows of cash from operating, investing and financing activities

A

Statement of cash flow or Cash flow statement

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2
Q

It provides the net change in the cash balance of a company for a period

A

Cash flow statement

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3
Q

Activities directly related to the main revenue producing activities of the company include cash from customer and cash paid to the suppliers or employees.

A

Operating Activities

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4
Q

Cash received from sales and service revenue

A

Cash inflows of operating activities

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5
Q

Collection of accounts receivable

A

Cash inflows of operating activities

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6
Q

Refunds from suppliers

A

Cash inflows of operating activities

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7
Q

Payments to suppliers

A

Cash outflows of operating activities

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8
Q

Payments of operating expenses

A

Cash out flows of operating activities

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9
Q

Cash refund to suppliers

A

Cash out flows of operating activities

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10
Q

Cash transactions related to the purchase or sale of non-current assets

A

Investing activities

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11
Q

Cash from selling assets like ppe

A

Cash inflows of investing activities

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12
Q

Cash from selling investments in equity security of other companies

A

Cash inflows of investing activities

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13
Q

Payments for the purchase of assets like ppe

A

Cash outflows of investing activities

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14
Q

Payments to acquire investment in equity securities

A

Cash outflows of investing activities

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15
Q

Cash transaction related to changes and equity and borrowings

A

Financing activities

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16
Q

Cash investments by the owner

A

Cash inflows of financing activities

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17
Q

Cash proceeds from assurance of share capital

A

Cash inflows of financing activities

18
Q

Cash proceeds from long term borrowing

A

Cash inflows of financing activities

19
Q

Cash withdrawal by the owner

A

Cash outflows of financing activities

20
Q

Payments of cash individuals to shareholders

A

Cash outflows of financing activities

21
Q

Payments of long term borrowing

A

Cash outflows of financial activities

22
Q

Different parts of the cash flow statement

A

OPERATING ACTIVITIES
INVESTING ACTIVITIES
FINANCING ACTIVITIES

23
Q

The next amount of change and cash whether an increase or decrease for the current period

A

Net change in cash or not cash flow

24
Q

The balance of the cash amount at the beginning of the accounting period

A

BEGINNING CASH BALANCE

25
Q

The balance of cash account at the end of the accounting period computed using the beginning balance plus the net change in cash for the current period

A

Ending cash balance

26
Q

Two approaches in cash flow statement

A

DIRECT APPROACH
INDIRECT APPROACH

27
Q

The operating cash flow section of the cfs under the direct method would show each major class of gross each receipt and gross can payments

A

Direct approach

28
Q

It provides information regarding the actual cash transaction generated or used in operation

A

Direct approach

29
Q

The operating cash transaction of the cfs under the indirect method will reconcile the net income or less of the company with the total cash flow generated are used in operating activities by adjusting the net income or loss for effects of non-cash transaction

A

Indirect approach

30
Q

Provides information regarding non-cash transaction during the year and shows the difference between the net income or loss of the company and the cash generated or used in operations

A

Indirect approach

31
Q

Is the process of evaluating risk performance financial health and further prospect of a business by subjecting financial statement data to computational and analytical techniques with the objective of making economic decision

A

Financial statement analysis

32
Q

Kinds of financial statement analysis technique

A

HORIZONTAL ANALYSIS
VERTICAL ANALYSIS

33
Q

Also called trend analysis

A

HORIZONTAL ANALYSIS

34
Q

Formula for horizontal analysis

A

BALANCE OF CURRENT YEAR - BALANCE OF PRIOR YEAR = PESO CHANGE

PESO CHANGE ÷ BALANCE OF PRIOR YEAR = PERCENTAGE

35
Q

Also known as common size analysis

A

VERTICAL ANALYSIS

36
Q

A technique that expresses each financial statement item as a percentage of a base amount

A

VERTICAL ANALYSIS

37
Q

For the sfp the base amount is total assets

A

VERTICAL ANALYSIS

38
Q

Formula for vertical analysis

A

BALANCE ACCOUNT ÷ TOTAL ASSETS

39
Q

For the sci the base amount is net sales

A

VERTICAL ANALYSIS (SCI)

40
Q

Formula for vertical analysis SCI

A

BALANCE ACCOUNT ÷ TOTAL SALES

41
Q

This will reveal how net sales is used up by the various?

A

EXPENSES

42
Q

Net income as a percentage of sale is also known as the?

A

NET PROFIT MARGIN

FABM 2 2ND QUARTER (1 decks)

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