The Cash Flow Statement Jeopardy Template

Cash Flow	Where do I belong?	Operating Acitivies	Investing Activities	Financing Activities
100 What is cash inflows? Sources of cash represents this.	100 What is Operating Activities? Income from Sales	100 What is Indirect? This method only applies to operating activities	100 What is the acquisition or disposal of assets that are not consumed in routine operations within one year Investing activities involve this	100 What is interest? This expenses is not part of the financing activities though it relates to financing
200 What is cash outflows? Uses of cash represents this.	200 What is Investing Activities? Purchase equipment	200 What is deduct? Decreases in current liabilities and increases in current assets does this to net income	200 What is -Pay for purchase of land, buildings, or equipment. -Pay for the purchase of investments in bonds or other securities. Outflow activity	200 What is equity and debt Two transaction types reported under financing activies
300 What is operating activities,investing activities, and financing activities? The three sections on a Cash Flow Statement	300 What is Financing Activities? Stocks, Bonds, and Notes payable	300 What is add? Decreases in current assets and increases in current liabilities does this to net income	300 What is -Sale of property, plant, and equipment. -Sale of investments in securities of other corporations. -Principal received on mortgages or notes held in connection with the sale of plant and equipment. Inflow activity	300 What is Original issue of capital stock. Resale of treasury stock. Issue of bonds and notes payable. Cash inflows
400 What is Direct and Indirect? Two way that a cash flow statement can be prepared	400 What is the cash and cash equivalents at the end of the year? Amount that agrees with the balance sheet	400 What is added? A decrease in inventory does this to net income	400 What is a deduction/subtraction? The sale of an asset at a gain results in what happening to the net income	400 What is Purchase of treasury stock. Retirement of preferred stock. Payment of cash dividends. Repayment of debt obligations: Bonds payable. Notes payable. Mortgages. Cash outflows
500 What is the: - Income statement -Schedule of operating expenses -Statement of retained earnings -Comparative balance sheet The four items you need to prepare a cash flow statement	500 What is interest and income tax paid If the indirect method is used, the notes accompanying the statement must include these	500 What is the indirect method. Treats net income as the primary source of cash from operating activities and adjusts net income for changes in noncash items	500 What is the second section? Location on the cash flow statement	500 What is the third section Location on the cash flow statement

The Cash Flow Statement

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