L302: CashFlow

Which of the following is an example of a cash in-flow?

• payment of school fees

• paying salary to house maid

• Salary earned

• purchase of AC

Which of the following is an example of a cash out-flow?

• Payment of Mobile Bill

• Rent received

• Won Lottery

• None of these

A cash flow means movement of money into and out of your pocket

• True

• False

paying the rent would be an example of

• cash inflow

• cash outflow

Ideally, the net cash flow should be

• positive

• negative

Payment of wages and salaries

• cash inflow

• cash outflow

A cash flow statement shows an overview of money flowing in and out of a company or a household

• True

• False

If you are a business person :

Selling your product to the customer

• Cash Inflow

• Cash Outflow

Paying Taxes

• Cash Inflow

• Cash Outflow

Buying an iPhone is

• Cash Inflow

• Cash Outflow