CUET CUET Accountancy 2024 - Match List-I with List-II | PYQs + Solutions

CUET Accountancy 2024

Accountancy

Cash Flow Statement

Easy

List-I (Items of cash flow)	List-II (Type of activity)
(A) Purchase of tangible assets	(I) Operating activity
(B) Issue of shares	(II) Cash and cash equivalents
(C) Increase in current assets	(III) Investing activity
(D) Marketable securities	(IV) Financing activity

Match List-I with List-II

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

(A) - (I), (B) - (III), (C) - (II), (D) - (IV)

(A) - (I), (B) - (II), (C) - (IV), (D) - (III)

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Correct Option: 4

To understand the question, we need to know about cash flow activities. There are three main types:

1. Operating Activities: Day-to-day business operations.

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2. Investing Activities: Buying or selling long-term assets.

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3. Financing Activities: Raising money or paying back investors.

Now, let's match the items in List-I with their correct types in List-II.

(A) Purchase of tangible assets → This is an investment, so it matches with (III) Investing activity.

(B) Issue of shares → This is a way to raise money, so it matches with (IV) Financing activity.

(D) Marketable securities → These are short-term investments, which are considered cash equivalents, so it matches with (II) Cash and cash equivalents.

Putting it all together, we get:

(A) - (III), (B) - (IV), (C) - (I), (D) - (II).

Thus, the correct answer is option 4.

CUET Accountancy 2024 PYQs

Match List-I with List-II

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