Which of the following statements generally apply to the cash flows of

1.Which of the following statements generally apply to the cash flows of a financing type project?选项： A:nonconventional cash flows; B: cash outflows exceed cash inflows prior to any time value adjustments; C: the total of all cash flows must equal zero on an unadjusted basis ; D:cash for services rendered is received prior to the cash that is spent providing the services

2.Which of the following statements generally apply to the cash flows of a financing type project? 选项： A、nonconventional cash flows B、 cash outflows exceed cash inflows prior to any time value adjustments C、 the total of all cash flows must equal zero on an unadjusted basis D、cash for services rendered is received prior to the cash that is spent providing the services

3.Which one of the following characteristics is most associated with financing type projects? 选项： A:Long payback period B:Multiple internal rates of return C:Cash inflows that equal cash outflows when ignoring the time value of money D:Prepaid services E:Conventional cash flows

4.An analyst is appraising the value of an apartment complex. He begins with projecting future cash flows expected from the property over a ten-year period and discounting these cash flows at an appropriate discount rate. Included in these cash flows is the discounted value of the property's resale value at the termination of the project.Which type of cash flows is included in the project appraisal and which appraisal technique has been used by the analyst to determine the value? 选项： A: Type of cash flows: Free cash flows; Appraisal technique: Discounted cash flow. B: Type of cash flows: Operating cash flows; Appraisal technique: Comparable sales. C: Type of cash flows: Operating cash flows; Appraisal technique: Income approach.

5.Which of the following is NOT a valid method of modifying cash flows to produce a MIRR? A: Discount all of the negative cash flows to time 0 and leave the positive cash flows alone. B: Leave the initial cash flow alone and compound all of the remaining cash flows to the final period of the project. C: Discount all of the negative cash flows to the present and compound all of the positive cash flows to the end of the project. D: Turn multiple negative cash flows into a single negative cash flow by summing all negative cash flows over the project's lifetime.

6.Which of the following statements about a capital lease is FALSE（）选项： A、As compared to an operating lease, a capital lease will report higher operating cash flows and lower financing cash flows. B、When a capital lease is initiated, the present value of the leased assets is treated as an investing cash flow. C、Total cash flows are not affected by the accounting treatment of the lease.

7.The statement of cash flows reports all of the following except_____________.选项： A:cash flows from operating activities; B:cash flows from investing activities; C:cash flows from financing activities; D:the net increase or decrease in assets for the period reported; E:the net increase or decrease in cash for the period reported

8.A company sold warehouse premises at a loss during a financial period. How would this transaction be included in a statement of cash flows for the period that complies with IAS7 Statements of Cash Flows and that uses the indirect method to present cash flows from operating activities?选项： A: Loss on disposal Proceeds from saleDeduct as an adjustment in the calculation of Include in cash flows from investing activities cash flows from operating activities ; B: Loss on disposal Proceeds from saleDeduct as an adjustment in the calculation of Include in cash flows from operating activities cash flows from operating activities ; C: Loss on disposal Proceeds from saleAdd as an adjustment in the calculation of Include in cash flows from investing activities cash flows from operating activities ; D: Loss on disposal Proceeds from saleAdd as an adjustment in the calculation of Include in cash flows from operating activities cash flows from operating activities

9.Which of the following items is classified as a ‘financing activity’ in the statement of cash flows? 选项： A、cash received from accounts receivable. B、cash payment to purchase debentures of another entity. C、cash payment on redemption of the company’s debentures. D、payment of dividends through a dividend reinvestment scheme.

10.When preparing the statement of cash flows, companies are required to report separately as operating cash flows all of the following except A. Interest received on investments in bonds. B. Interest paid on the company’s bonds. C. Cash collected from customers. D. Cash dividends paid on the company’s stock.

11.When preparing the statement of cash flows, companies are required to report separately as operating cash flows all of the following except A. Cash collected from customers. B. Interest paid on the company's bonds. C. Interest received on investments in bonds. D. Cash dividends paid on the company's stock.

12. Which of the following does not characterize NPV? 选项： A、 NPV does not explicitly incorporate risk into the analysis. B、 NPV incorporates all relevant cash flow information. C、 NPV uses all of the project's cash flows. D、 NPV discounts all future cash flows. E、 Using NPV will lead to decisions that maximize shareholder wealth.

13.Which of the financial statements recognizes only transactions in which cash changes hands? ( ) 选项： A:Balance Sheet B:Income Statement C:Statement of Cash Flows

14.If the discount rate is stated in nominal terms, then in order to calculate the NPV in a consistent manner, the project requires that选项： A: cash flows be estimated in nominal terms.; B:cash flows be estimated in real terms.; C:accounting income be used.; D:cash flows be estimated ignoring inflation.

15.Which of the following headings is not a classification of cash flows in IAS 7?

16.In a statement of cash flows, receipts from sales of property, plant, and equipment and other productive assets should generally be classified as cash inflows from:选项： A:Operating activities.; B:Financing activities.; C:Investing activities; D:Selling activities.

17.If a project has a net present value equal to zero, then: 选项： A:the total of the cash inflows must equal the initial cost of the project. B:the project earns a return exactly equal to the discount rate. C:a decrease in the project's initial cost will cause the project to have a negative NPV. D:any delay in receiving the projected cash inflows will cause the project to have a positive NPV. E:the project's PI must also be equal to zero.

18.Which of the following is true about perpetuities?选项： A:All else equal, the present value of a perpetuity is higher when the periodic cash flow is higher.; B:All else equal, the present value of a perpetuity is higher when the interest rate is lower.; C: If two perpetuities have the same present value and the same interest rate, they must have the same cash flows.; D:All of the above are true statements.

19.In preparing a company's statement of cash flows complying with IAS 7, which, if any, of the following items could form part of the calculation of cash flow from investing activities? 选项： A:Proceeds of sale of premises; B:Dividends received; C: issue of shares at market value; D:Dividend paid

20.Which of the following is true about perpetuities? 选项： A、All else equal, the present value of a perpetuity is higher when the periodic cash flow is higher. B、All else equal, the present value of a perpetuity is higher when the interest rate is lower. C、 If two perpetuities have the same present value and the same interest rate, they must have the same cash flows. D、All of the above are true statements.

21.In preparing a company's statement of cash flows complying with IAS 7, which, if any, of the following items could form part of the calculation of cash flow from investing activities? 选项： A:Proceeds of sale of premises; B:Dividends received; C: issue of shares at market value; D:Dividend paid

22.Cash dividends paid to shareholders are classified on the statement of cash flows as: 选项： A: operating activities. B: investing activities. C: a combination of A and B D:financing activities