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Cash flow statements
Practice Questions

40 CXC CAPE Accounting questions on Cash flow statements, each with instant feedback and a full examiner-style mark scheme.

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✨ Revision guide includes key terms, worked examples and exam technique for Cash flow statements.

Try 2 sample questions on Cash flow statements

Question 1 · 1 mark · Difficulty 1/3

What does the indirect method start from?

  1. Profit, which is then adjusted back to an operating cash figure
  2. Total revenue for the year
  3. The closing bank balance
  4. Cash received from customers
Show answer & explanation
✓ Answer: A — Profit, which is then adjusted back to an operating cash figure
Award 1 mark. The direct method is the one that lists actual receipts and payments, and it is rarer because the data is harder to extract.
Question 2 · 1 mark · Difficulty 1/3

What does a cash flow statement explain?

  1. What the business owns and owes at the year end
  2. How much profit the business earned during the year
  3. How the business moved from its opening cash balance to its closing cash balance
  4. How the profit should be divided among the owners
Show answer & explanation
✓ Answer: C — How the business moved from its opening cash balance to its closing cash balance
Award 1 mark. Neither of the other statements answers that — the income statement reports accruals-based profit and the statement of financial position reports a closing figure without saying how it arose.
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20 questions · 25 min · free

CXC CAPE Accounting: Cash flow statements FAQ

Is Kramizo free for CXC CAPE students preparing for Accounting?
Yes — completely free. Every student gets 45 questions a day on the free plan, with no card required and no trial countdown. That free quota works across every subject and every topic in our bank, so you can mix Cash flow statements practice with other Accounting topics or even switch to a totally different CXC CAPE subject without paying anything. Kramizo's optional Pro plan removes the daily cap and adds detailed progress analytics, but the free tier is the real product — used by thousands of GCSE, IGCSE and CSEC students.
Are the Cash flow statements questions aligned to the official CXC CAPE Accounting syllabus?
Every question is written against the published CXC CAPE Accounting specification, including the exact command words (state, describe, explain, calculate, evaluate, etc.), mark allocations, and difficulty tier you'd see on a real CXC CAPE paper. Explanations are written in the style of official examiner mark schemes — they tell you what is being awarded marks and why distractors are wrong, not just whether you got it right. The bank is continually refined to match the latest syllabus updates from CXC CAPE.
How is Cash flow statements typically tested on CXC CAPE Accounting papers?
Cash flow statements appears across multiple question types on real CXC CAPE Accounting papers — most commonly as multiple-choice questions in the objective section, structured short-answer questions in the main paper, and occasionally as part of an extended response. Kramizo's practice bank reflects that mix: 4-option MCQs, true/false statements, fill-in-the-blank key terms, multi-select questions, and ordering questions. Working through the bank gives you exposure to every question style examiners actually use.

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