Difference between between the bank balance as per Cash Book and Pass Book may be due to:

Related MCQs

• ____________ is the length of time between the firm’s actual cash expenditure and its own cash receipt.
• The net cash flows of the project and their present values are as follows Year 1 2 3 4 Net cash flow (Rs) 5100 5100 5100 7100 PVIF @12% 0.893 0.797 0.712 0.636 Present Value (Rs) 4554 4065 3631 4516 The initial investment in the project is Rs12500, What is the NPV of the project?
• Which of the following recognizes risk in capital budgeting analysis by adjusting estimated cash flows and employs risk free rate to discount the adjusted cash flows?
• Cheques deposited in bank may not be available for immediate use due to
• The ratio which is obtained by dividing the present value of future cash inflows by the present value of cash out flows is called
• The discount rate which equates the present value of cash inflows with the present value of cash out flows is called -------
• In Cash Flow Statement, Cash includes________________.
• According to ------------- approach, cash inflow from assets should match with the cash outflow required to acquire them.
• If the annual cash inflows are constant, the payback period can be computed by dividing cash outlay by ----------------
• Kanji Company had sales last year of Rs. 265 million, including cash sales of Rs. 25 million. If its average collection period was 36 days, its ending accounts receivable balance is closest to . (Assume a 365-day year.)