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easyMCQCUET Accountancy 2022 23 Aug Shift 2 PYQs2026Accountancy
1 mark

Match List - I with List - II.List - I ||| List - II(A) Operating Activities ||| (I) Issue of equity shares(B) Investing Activities ||| (II) Purchase of Marketable securities(C) Financing Activities ||| (III) Cash sales(D) Cash Equivalent ||| (IV) Purchase of fixed assetsChoose the correct answer from the options given below :

  1. A
    (A) - (III), (B) - (IV), (C) - (II), (D) - (I)
  2. B
    (A) - (III), (B) - (IV), (C) - (I), (D) - (II)
  3. C
    (A) - (III), (B) - (II), (C) - (IV), (D) - (I)
  4. D
    (A) - (III), (B) - (I), (C) - (II), (D) - (IV)

Solution & Step-by-step Explanation

(A) Operating Activities include principal revenue-generating activities like Cash sales (III).(B) Investing Activities include acquisition of long-term assets like Purchase of fixed assets (IV).(C) Financing Activities relate to changes in equity/borrowings like Issue of equity shares (I).(D) Cash Equivalents are highly liquid investments like Marketable securities (II).Correct matching is (A)-(III), (B)-(IV), (C)-(I), (D)-(II).

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Try it yourself before checking the explanation above.

Match List - I with List - II.List - I ||| List - II(A) Operating Activities ||| (I) Issue of equity shares(B) Investing Activities ||| (II) Purchase of Marketable securities(C) Financing Activities ||| (III) Cash sales(D) Cash Equivalent ||| (IV) Purchase of fixed assetsChoose the correct answer from the options given below :
A
(A) - (III), (B) - (IV), (C) - (II), (D) - (I)
B
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)
C
(A) - (III), (B) - (II), (C) - (IV), (D) - (I)
D
(A) - (III), (B) - (I), (C) - (II), (D) - (IV)

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