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MANCOSA Business Finance KCQ Past Questions
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Business Finance KCQ Past Paper20 Questions and Answers
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1. If the bank balance was R10 000.00 (Favourable) at the
beginning of the year and R15 000 (Unfavourable) at the end
of the year, which one of the following statement is correct?
Answer: There was a net decrease in cash of R25000
2. Which activity in the cash flow statement reflects the
compensation given to the shareholders for the shares that
they have purchased in the company?
Answer: Operating
3. Which financial statement reflects the profitability of the
business entity for the specified period?
Answer: Statement of comprehensive income
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