Quiz on Cash,Stock Management,Vat,Cash Flow & Fund Flow

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Created By Sunita Nain

Trainee Name *

Father Name *

Roll No. *

Trade *

ITI Name *

1. All inflow and outflow of money is recorded in------

1 point

(a) cash book

(b) inventory ledger

(d) sales ledger

Clear selection

2. Bank withdrawal, receipt of cash from investor, proceeds of sale, etc. are enteredin ............side of cash book.

1 point

(a) top

(b) margin

(d) credit

Clear selection

3. Salary payment, rent payment, phonebill, electricity bill, etc. are entered in------------side of cash book.

1 point

(a) top

(b) margin

(d) credit

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4. Storing more stock than necessary forproduction/ sale, thus reducing cashavailability is called--------- level.

1 point

(a) stock

(b) overstocking

(d) reorder

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5. Storing very low reserve stock resultingin disruption of production/sale is called----------level.

1 point

(a) stock

(b) overstocking

(d) reorder

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6. The difference between sales value andpurchase value of a product is called--------

1 point

(a) value addition

(b) rate

(d) sales

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7. VAT stands for------------- in taxation.

1 point

(a) Value Added Tax

(b) Value Amount Tax

(d) Value Asset Tax

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8. Movement of money into and out of a business is called flow.

1 point

(a) stock

(b) cash

(d) VAT

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9. Inflow and outflow of money in a business is called flow.

1 point

(a) stock

(b) cash

(d) VAT

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10.Inflow of money --------------the strength of business

1 point

(a) increases

(b) decreases

(d) none of them

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